Housing affordability slipped only marginally in the September quarter after showing its worst decline in 7½ years in the previous quarter.
Monday, October 14th 2002, 9:25AM
by The Landlord
As one would expect, home affordability has fallen most in Auckland, down 0.8% in the September quarter and down 10.1% in the year ended September. The median house price in Auckland rose 10% in the 12 months ended August.
Massey prepares this quarterly report for AMP Banking combining data on house prices, mortgage rates and average weekly earnings.
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