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09
Mar

Q4 Regional Scorecard

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The top of the South Island was steaming this quarter with Tasman gaining the number 1 spot and Marlborough jumping 7 places to sit in 3rd.

Southland have continued their climb and gained 4 spots to sit 9th. Off the back of their strong result they have also gained another star to claim a 3-star rating.  

Northland has also climbed 3 places this quarter to sit mid-table. A mixed bag of results sees them lose a star in their rating.

The West Coast has slipped a place to sit in last place. Along with Auckland and Canterbury these were the only three regions to see annual falls in house prices. 

The rankings this quarter are as follow:

1

Tasman 

2

Otago

3

Marlborough 

4

Gisborne

5

Nelson 

6

Hawke’s Bay

7

Northland

8

Waikato 

9

Southland

10

Wellington

11

Manawatu-Whanganui 

12

Bay of Plenty 

13

Auckland

14

Taranaki 

15

Canterbury

16

West Coast

The NZ Regional Economic Scoreboard takes the latest quarterly regional statistics and ranks the economic performance of New Zealand’s 16 Regional Council areas. The fastest growing regions gain the highest ratings, and a good performance by the national economy raises the ratings of all regions. Ratings are updated every three months, and are based on measures such as employment, construction, retail trade, house prices.

Read the full report from the ASB economists here.

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