August 6, 2019 / 5:04 PM / 14 days ago

NZ house prices rise 2.2% y/y in July - QV

WELLINGTON, Aug 7 (Reuters) - New Zealand house prices rose an annual 2.2% in July, government valuer Quotable Value (QV) said on Wednesday.

* Pace increased from 2% annual growth in June

* Property values fell 2.6% in the Auckland region

* Regional commuter hubs post strong growth while urban centres ease due to affordability constraints, according to QV

Reporting by Charlotte Greenfield; editing by Uttaresh.V

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