Latest Real Estate Institute data show a nationwide increase of over eight percent.

That takes the national median to 607-thousand-500 dollars.

It's the first time this country's house prices have gone above 600-thousand.

>> More Business News

Other Business News

08 Dec: A significant milestone for the country's wool sector, with an export deal signed

08 Dec: Signs of a brighter economy in the year to come

08 Dec: New Zealand's economic recovery is gathering steam - casting optimism for the year ahead

07 Dec: Kiwifruit company Zespri, is confident about the growth potential of the US market - despite ongoing trade disruptions

07 Dec: New direct flights from Auckland to Chengdu have the potential to boost our Chinese visitor market

07 Dec: Many Kiwis are changing their online habits to avoid sophisticated AI scams

05 Dec: Chris Luxon admits many Kiwis still haven't felt the economy turn a corner

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RUGBY
Kiwi running prodigy Sam Ruthe has comfortably won the national schools 1500 metres title in Hastings More...

BUSINESS
A significant milestone for the country's wool sector, with an export deal signed More...

Today's News

International:
How Europe is gearing up to follow Australia's teen social media ban 12:27

Golf:
Japan's Hideki Matsuyama has won the PGA Tour's Hero World Challenge event in a playoff 12:27

Entertainment:
Ben Affleck spent Thanksgiving with his ex wife 12:20

International:
The US fired on survivors clinging to a 'drug boat' — who gave the order? 12:07

Living & Travel:
Empowerment and joy: NZ’s Special Olympics Summer Games remind us what sport is about 12:07

Business:
A significant milestone for the country's wool sector, with an export deal signed 11:57

Cricket:
England captain Ben Stokes has questioned his side's mentality as the Ashes threatens to slip away 11:37

Politics:
One year since 'liberation', Syrians cautiously celebrate while scraping by 11:17

Health & Safety:
Worksafe is looking into events at a Christchurch daycare - where children and staff suffered chemical burns on Friday 11:07

Environment:
An early Christmas present for West Coast Department of Conservation rangers 10:47

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