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Limited supply biggest market driver

Wednesday 14th of September 2016

The national median sales price dropped by 3% to $492,000 in August, as compared to a record high of $505,000 in July.

August’s median price was still up by 5.8% year-on-year.

While the national median price slipped off its former pace, Auckland’s median price was on the rise again.

The Super City’s median price hit a new record high of $842,500 –...

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