Auckland house price rise gap narrows on rest of country

In the year to April the median sales price for an Auckland house rose 2% to $490,000 against a nationwide rise of 1% to $365,000.

The price gap has narrowed slightly from the March figures which revealed the Auckland median price was up 5% against a nationwide rise of 1%.

A narrowing of the gap between Auckland and the rest of the country was also apparent in the sales figures.

In March Auckland sales were up 17% against a nationwide rise of 25%, while the April figures revealed a 16% rise in Auckland sales against a 14% nationwide increase.