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20 Jun 2018 11:54
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  •   Home > News > Business

    There's a new record for house prices around the country

    There's a new record for house prices around the country

    Latest Real Estate Institute data shows prices have gone up 27 thousand dollars in the past year, to a new record median of 562 thousand.

    Chief Executive Bindi Norwell says the record price highlights the continued buoyancy of the housing market.

    Three regions achieved record prices in May: Northland, Tasman and Manawatu/Whanganui.

    However, Auckland's lagging - with the median dropping to 852 thousand dollars, or 1.3 percent.

    © 2018 Newstalk ZB, NZCity

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