That meant more than 98 per cent of the population was being affected by high house prices, he said. Prices in Hamilton's southwestern suburbs rose 29.8 per cent in the past year, the fastest in the country. The lowest was in Kawerau, where the average house price was $131,000. Those rfegions - Grey District, Masterton, Westland and Wairoa - contain just 1.25 per cent of the population, Labour leader Andrew Little said. Following its housing policy announcements on the weekend, Labour launched an interactive map today to give more information about how house price inflation was affecting different parts of the country.

Source: New Zealand Herald July 14, 2016 01:07 UTC