Returning New Zealanders not responsible for rising house prices
Real Estate Institute figures show median house prices across the country rose by nearly 20 percent - and hit a million dollars in Auckland.
David Law explains to Andrew Dickens on Newstalk ZB why other factors are more likely to play a part.
He says we are not building enough houses. In the June quarter, the building sector lost about 28 days due to level three and four restrictions.