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New Zealand REINZ House Price Index MoM

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New Zealand REINZ House Price Index MoM

Frequency

Delivery Method

Website popup

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Status

 
Latest Release
May 12, 2015
Actual
0.5%
Previous
6.7%
REINZ began publishing a stratified housing price index, which is based on the same data, but uses mix-adjustment to adjust for compositional change. The approach used to calculate REINZ's housing price index is very similar to that outlined in the Reserve Bank of New Zealand's discussion paper Developing Stratified House price measurement in NewZealand. Housing Price Measures for New Zealand (McDonald & Smith, 2009). However, as further improvement, the REINZ housing price index is now calculated using sales for all transactions (rather than the median price for each suburb) within the stratum.
Importance:
Country:
Currency: NZD
Source: Real Estate Institute
New Zealand REINZ House Price Index MoM
 
Release Date Time Actual Forecast Previous
May 11, 2015 21:15 0.5%   6.7%
Apr 13, 2015 17:00 6.7%   0.8%
Mar 11, 2015 19:25 0.8%   -1.0%
Feb 10, 2015 21:00 -1.0%   -1.0%
Jan 14, 2015 20:30 -1.0%   3.3%
Dec 09, 2014 18:00 3.3%   1.4%

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REINZ House Price Index (MoM) Discussion

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