News
Rise in prices, sales as LVR effect dims
Monday 12th of December 2016
The national median house price grew by 13.2% year-on-year to hit a record high of $520,000 in November, as compared to $510,000 in October.
Once seasonally adjusted, the national median price was down 0.2% on October, but up by 13% year-on-year.
Median prices in 10 regions around New Zealand also soared to new records in November – with only the Auckland and Central Otago Lakes regions bucking the trend.
Auckland’s median price of $ $851,944 was down by 2% on October’ record of $868,000, but still up by 11.4% year-on-year.
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