Return to market stability
The latest QV House Price Index shows nationwide property values upped the pace in November after several months of slow growth.
Once adjusted for inflation, national values were up by 4.4% year-on-year which left the average national value at $664,485.
Not only did November see a much faster rate of annual increase than that of October, but it also saw quarterly value growth speed up to 3.6% from 0.9% in October.
QV national spokesperson Andrea Rush says the surge in national value growth was led by stronger growth in Wellington, Dunedin and many other regional centres around the country.
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