Fears for a generation of renters

House prices in Tauranga have eased slightly but one prospective first-home buyer says many in her shoes fear being a generation of renters.

The latest data from the Real Institute of New Zealand reveal the city’s median house price decreased 0.6 per cent from $628,500 in September 2016, to $625,000 in September 2017.

The number of houses sold in Tauranga decreased 6.9 per cent from 262 in September 2016 to 244 in September 2017.