REINZ regional commentaries - March 2011
Regional Commentaries - March 2011
Auckland Region
The pricing picture in the Auckland region remains mixed with rises in one part of the city being offset by falls in others, leading to no clear trend across the region. Auckland City's median price rose 5.1% compared to February 2011, but were 5.5% lower compared to March 2010. Manukau City prices showed the reverse trend, while only Waitakere City recorded gains in March 2011 compared to both February 2011 and March 2010.
The Auckland region was the strongest market in volume terms by some margin with all parts of the region recording stronger volume growth than the national results compared to both February 2011 and March 2010. Of particular note is the volume growth in Auckland City and continued strong volume growth in North Shore City.
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