Kelvin Davidson: Cotality Chief Property Economist on property values growing slightly in June

New Zealand’s property values are ticking back up again.  New data from Cotality has revealed a 0.2% national increase in June, reversing the 0.1% falls that came in April and May.  The medium house price remains around the $815,000 mark, with Tauranga and Christchurch both increasing by 0.6%.  Chief Property Economist Kelvin Davidson told Mike Hosking property values are fairly flat when averaged out over a few months.  LISTEN ABOVE See omnystudio.com/listener for privacy information.