NZ Homes 4th Most Overvalued.

According to a study by the OECD which compares prices with wages and rents, New Zealand has the fourth most overvalued property prices in the developed world, with house prices overvalued by 61%.

Auckland is credited for leading the charge, although Auckland house prices were static in May according to Barfoot and Thompson.

Source and for the full story: NZ Herald

 

According to a study by the OECD which compares prices with wages and rents, New Zealand has the fourth most overvalued property prices in the developed world, with house prices overvalued by 61%.

Auckland is credited for leading the charge, although Auckland house prices were static in May according to Barfoot and Thompson.

Source and for the full story: NZ Herald

 

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