New Zealand housing market slips in global ranking

New Zealand has slipped from third to tenth position in the global house price index for the second quarter of 2017.

According to the index report from international real estate firm Knight Frank, the downward market direction of New Zealand was brought about by the moderation in annual price growth to 10.4%.

New Zealand has slipped from third to tenth position in the global house price index for the second quarter of 2017.

According to the index report from international real estate firm Knight Frank, the downward market direction of New Zealand was brought about by the moderation in annual price growth to 10.4%.

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