House prices continue to soar, adding to Reserve Bank’s headache
The latest housing market figures offer the Reserve Bank no respite from the conundrum of rampant house price inflation while inflation generally remains well below its target. With special feature audio.
Jenny Ruth Wed, 15 Jun 2016
The warring forces besetting the Reserve Bank just got stronger because house price inflation nationally accelerated yet again in May, with house prices up 14.7% on a year ago, according to the Real Estate Institute’s stratified index.
The index now puts the national house price at a record
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