From RNZ
The rate of house price growth appears to have peaked over the past three months with sales and price growth set to ease in the months ahead.
CoreLogic's quarterly property market update for for the third quarter ended September shows growth in average property values has slowed to 4.8 per cent, from 8.1 per cent in April.
Corelogic chief property economist Kelvin Davidson said sales activity and property value growth had been cooling for a few months, with stretched affordability likely to be one factor for the subdued demand, with a few would-be buyers holding back.