House price limits could be eased again, as new data shows 4 out of 5 can’t buy a house in Auckland

  • Price caps for first-home buyer grants could be lifted yet again in Auckland if house prices remain stubbornly high, the Government says.

The potential review of the KiwiSaver HomeStart grant comes as a new Government measure lays bare the high proportion of renters being shut out of the housing market.

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Building and Construction Minister Nick Smith says he is confident house prices in Auckland will flatten out once efforts to lift supply have kicked in. Photo / Supplied