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As of 2019, the average house price in New Zealand exceeded NZ$700,000, with average prices in the country's largest city, Auckland, exceeding $1,000,000 in numerous suburbs. [33] The ratio between median house price and median annual household income increased from just over 3.0 in January 2002 to 6.27 in March 2017, with Auckland's figures 4. ...
The median price in the region is up 12% from the same time last year. ... Homebuying in Central KY gets even tougher as prices hit new all-time high, report says. Aaron Mudd.
House prices have nearly doubled in the last seven years thanks to super-low interest rates, slashed from 3.50% to 0.25% over that period, leaving first-time homebuyers and low-income earners ...
This is the lowest rate of home ownership since 1951. This is partly due to the increase in New Zealand house prices which since 1990 have increased faster than any other OECD country. [56] Housing in New Zealand has been classified as 'severely unaffordable' with a score of 6.5 under the median measure housing affordability measure. [57]
The poorest county in Kentucky has a median income of $32,259, according to a recent report from financial website SmartAsset. The site named Breathitt County the poorest in the commonwealth.
A house price index (HPI) measures the price changes of residential housing as a percentage change from some specific start date (which has an HPI of 100). Methodologies commonly used to calculate an HPI are hedonic regression (HR), simple moving average (SMA), and repeat-sales regression (RSR).