Are buyers starting to look out of Auckland?
Records fell yet again as Auckland’s median price hit a new high of $755,000 in June 2015, according to the latest Real Estate Institute of New Zealand data.
Over the last year, the SuperCity’s median price has gone up by $155,000, or 26%, from $600,000 in June 2014.
Compared to May 2015, Auckland’s median price rose by $6,000 (+1%) - but, while Waitakere prices went up by 2%, prices fell around the rest of the region.
REINZ chief executive Colleen Milne said the Auckland region continues to experience low listing numbers and strong demand across the spectrum.
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