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New Zealand REINZ House Price Index YoY

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New Zealand REINZ House Price Index YoY

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Delivery Method

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Status

 
Latest Release
Feb 11, 2015
Actual
7.5%
Previous
4.0%
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 YoY
 
Release Date Time Actual Forecast Previous
Feb 10, 2015 21:00 7.5%   4.0%
Oct 12, 2014 (Sep) 17:55 4.1%   4.8%
Sep 01, 2014 (Aug) 04:00 4.80%   5.90%
Aug 01, 2014 (Jul) 04:00 5.90%   6.20%
Jul 01, 2014 (Jun) 04:00 6.20%   6.50%
Jun 01, 2014 (May) 04:00 6.50%   8.50%

Analysis

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REINZ House Price Index (YoY) Discussion

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