News

Price rise could be market rebalancing

Thursday 12th of October 2017

Sales volumes nationwide fell further in September, but prices in many markets continued to creep up, the REINZ data shows.

Once seasonally adjusted, New Zealand’s median price was up by 0.6% year-on-year and by 0.9% on the previous month to $525,000 in September.

Contributing to the national increase, six regions around the country saw double-digit median price growth yea...

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