Labour points to finding NZ prices rose fastest of developed nations.

  • The affordability of New Zealand’s housing returned to the spotlight in Parliament yesterday.

The debate was reignited by a US study, cited by Labour, which showed house prices rose here more than any other developed country last year.

Figures compiled by the Federal Reserve in Dallas showed that New Zealand’s residential property prices grew by more than 10 per cent in the first three quarters of 2015.

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A new report shows just how quickly house prices rose in 2015. Photo / Doug Sherring

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