QV: First-time buyers return
The latest monthly QV Residential Price Movement Index shows nationwide residential values are up 8.4% over the past year and 0.2% over the past three months.
QV’s national spokeswoman, Andrea Rush, said that after indications that values were turning downwards last month, they seemed to have picked up again.
“The nationwide index for April shows values accelerating at a similar rate to last year and Auckland values have also risen across all five main former territorial authority areas after a few months of slowing earlier this year.”
She said first-home buyer activity was up across the country.
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