WELLINGTON (Reuters) -- New Zealand house prices fell in July, with the median price recording its first annual fall since 2011, the Real Estate Institute of New Zealand (REINZ) said on Thursday.
The seasonally adjusted median nationwide house value in July fell 2.8% compared with the previous month and was down 1.6% year-on-year, according to REINZ. The unadjusted median house price was down 1.8% year-on-year.
