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Asking prices reach new record: Website

Friday 11th of July 2014

The average asking price for the city in June was $732,240, almost 7% up on the month before and up from the previous record of $685,426 in April.

That pushed the national average asking price up to a new record in June, of $490,550.

All but four of the country’s 19 regions recorded higher average asking prices compared to the same month last year.

Wellington recorded an average asking price of $454,358, up very slightly from the month before. The average asking price in Canterbury was $443,730, compared to the record of $449,000 set in January.

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