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Powerhouse regions continue to rise

Thursday 10th of November 2016

According to the data, the national average asking price rose by 2.9% in October to new high of $618,000.

This is up from September’s average asking price of $600,850 and is a year-on-year increase of 8.1%.

Head of Trade Me Property Nigel Jeffries said the market was coming back to life and that over $17,000 has been added to the average asking price over the last month.

The unrelenting march upwards of the Auckland property market continued in October with a 2.9% increase in average asking price, he said.

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