Inflation slump creates more pressure on housing crisis
Auckland house prices continue to soar as inflation slumps to its lowest level in 15 years.
To hear more from Chris Hutching tune into Property Talk on NBR Radio, and on-demand on MyNBR Radio.
Chris Hutching for NBR NZ Property Investor Tue, 21 Apr 2015
Auckland house prices continue to soar as inflation slumps to its lowest level in 15 years.
The low annual inflation rate of 0.1% –driven by an 11% fall in petrol prices over the March quarter – reveals the two-step economy and the problems faced by the government.
It highlights more than ever
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