Reports & Media

Returning New Zealanders not responsible for rising house prices

Real Estate Institute figures show median house prices across the country rose by nearly 20 percent - and hit a million dollars in Auckland.

David Law explains to Andrew Dickens on Newstalk ZB why other factors are more likely to play a part.

He says we are not building enough houses. In the June quarter, the building sector lost about 28 days due to level three and four restrictions.