What's happening across the regions

In the Auckland district after climbing back to $460,000 in October the median price rose again last month to $477,000, up 1.5% on the median price in November 2009. November's total sales of 1,789 is up on the 1,360 recorded on October and the 1,690 in September but down on the 2,192 sales in November 2009.

In the capital the median residential property price firmed to $400,000 from $390,336 in October and $398,500 in September, and is nearly 2.2% up on the  November 2009 median of $391,400. Sales for the month increased to 670 from 496 in October and are also up on the 665 sold in November 2009.

In Northland the median price eased back from October's $315,000 to $310,00 in November, 9% down on the November 2009 median off $341,000. However, the number of property sales rose again from 81 in September and 105 in October to 108 last month, though still lower than the 146 sold in November 2009.

The Waikato/Bay of Plenty/Gisborne area saw the median price rise from $305,000 in October to $319,400 in November though it is still below the November 2009 median of $320,000. In November 662 houses were sold, up on the 531 in October but less than the 828 sold in November 2009.