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PM Jacinda Ardern on house prices: 'It just cannot keep increasing at the rate that is'
video House prices have increased 19.8 percent year-on-year with the median now at $725,000. Ardern this afternoon said figures show an increase in first-time buyers in the market since 2017, but that investors in the market had remained the same. "Obviously we want to ensure our first home buyers can get into the market that is something that is top of mind for us..." "It just cannot keep increasing at the rate that is," she said about the rising prices. Meanwhile, ACT Party leader David Seymour has taken aim at Reserve Bank governor Adrian Orr and said the country was monetising its debt, avoiding hard ... (full story)
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