Interesting read from Reserve Bank of NZ

August 2012

Admittedly it is a few weeks old, but still an interesting chart…

…and further details on their take of the current market over at their site here.

Explanations of how dwelling values are calculated by Quotable Value Ltd (QV), the way the QV house price index is derived, how the RBNZ compiled the long-run housing stock series and available house price data may be found by selecting the highlighted links.

And if the above interests you, then that too is explained in further detail on their site.

DATA – Reserve Bank of New Zealand