Salaries may have to catch up to house price growth before the property market can start booming again, new data indicates. QV statistics for September show subdued prices around the country, which the property data firm said was probably due to house prices pushing the limits of what buyers could afford. READ MORE:* Auckland house prices drop as malaise spreads, more centres' values slide* Auckland house prices slump while heat still on in smaller centres* Central Auckland house prices fall fastest: QVFIONA GOODALL/GETTY IMAGES Salaries may have to catch up to house price growth before the property market can start booming again. "The Auckland residential market remains fairly quiet as we head into spring," said Auckland property consultant Hugh Robson. SUPPLIED Dunedin has the fastest-rising property prices of any main centre.

Source: Stuff October 01, 2019 16:02 UTC