Wellington, May 12 (Reuters) - The pace of New Zealand house price growth slowed in April, rising 0.9 percent, the Real Estate Institute of New Zealand (REINZ) said on Friday.
The REINZ said prices in the country's biggest city, Auckland, had fallen 2.1 percent, an encouraging trend for the central bank which had warned the red-hot Auckland housing market was a financial stability risk.
Nationally, prices rose 10.4 percent from the same month the previous year.
