Slow­down con­tin­ues

The Northland Age - - Local News -

The CoreLogic QV House Price In­dex showed that av­er­age property prices around the coun­try were flat in May, and up just 0.1 per cent over the last three months. The an­nual growth rate slowed from 2.7 per cent in April to 2.3 per cent in May. With af­ford­abil­ity still stretched in many parts of the coun­try, and sales vol­umes sub­dued, CoreLogic property econ­o­mist Kelvin David­son said it was no sur­prise that the slow­down in val­ues had con­tin­ued.

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