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Interest rates rise bad news for home affordability – Stuff.co.nz

Housing affordability has declined by 14.3 per cent nationwide over the past year, new Massey University analysis shows.

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Home affordability has declined by 14.3 per cent nationwide over the past year due to house price and interest rate rises, new Massey University analysis shows.
Median house prices increased by 3.7 per cent, or $30,000, nationwide over the three months…

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