Real estate fees outstrip inflation

  • Real estate commissions and fees levied on Kiwi homeowners have increased at nearly twice the rate of inflation in the past decade on the back of skyrocketing house prices.

And the figures are much higher in Auckland, where housing costs have exploded – and sellers write even bigger cheques to real estate agents and their firms.

READ MORE VIA NZHERALD

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Real estate service fees in Auckland have increased at nearly three times the rate of general price rises, Statistics NZ data shows. Photo / File

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