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New Zealand REINZ House Price Index MoM
Latest Release
May 12, 2015
Actual0.5%
Previous6.7%
REINZ began publishing a stratified housing price index, which is based on the same data, but uses mix-adjustment to adjust for compositional change. The approach used to calculate REINZ's housing price index is very similar to that outlined in the Reserve Bank of New Zealand's discussion paper Developing Stratified House price measurement in NewZealand. Housing Price Measures for New Zealand (McDonald & Smith, 2009). However, as further improvement, the REINZ housing price index is now calculated using sales for all transactions (rather than the median price for each suburb) within the stratum.
| Release Date | Time | Actual | Forecast | Previous | |
|---|---|---|---|---|---|
| May 12, 2015 | 02:15 | 0.5% | 6.7% | ||
| Apr 13, 2015 | 22:00 | 6.7% | 0.8% | ||
| Mar 12, 2015 | 00:25 | 0.8% | -1.0% | ||
| Feb 11, 2015 | 02:00 | -1.0% | -1.0% | ||
| Jan 15, 2015 | 01:30 | -1.0% | 3.3% | ||
| Dec 09, 2014 | 23:00 | 3.3% | 1.4% |
Analysis
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REINZ House Price Index (MoM) Discussion
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