Articles Tagged ‘average weekly wage’

Affordability Improving

Home affordability has improved slightly in the past quarter while interest rates, wages and house prices have remained subdued, according to the latest Home Affordability Report from Massey University. Nationally, affordability increased by 0.8 per cent in the three months to August 31, meaning a 9.7 per cent improvement over the past year. The report […]

Home affordability continues to improve

Housing affordability is still on the up and up, according to a recent report. Massey University’s Home Affordability Report for March 2009 found that over the last quarter all districts’ National affordability improved by 8.3 per cent. During this period each of the three drivers in the affordability equation improved. House prices were down by […]