New LVR restrictions be damned, house price inflation is looking like a runaway train
Annual house price inflation soared 16.3% nationally in July and 23% in Wellington.
Jenny Ruth Wed, 10 Aug 2016
Annual house price inflation accelerated in most parts of the country in July, rising 16.3% nationally and with Wellington the new hotspot as prices in the city rose 23%, according to the latest index figures from the Real Estate Institute.