REINZ Market Report w/ Jen Baird: July 15, 2022

The latest Market Report released by the Retail Institute of New Zealand shows a slow in price growth as well as a decrease in the volume of house sales.

A move by the Reserve Bank this week to raise the official cash rate to 2.5 percent may lead to further impact on the real estate market.

To get a sense of what this data means, especially in terms of future housing affordability, Casper spoke to Jen Baird from the Retail Institute.