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19 Apr 2024 23:54
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  •   Home > News > Business

    There's been a solid growth in house values across many smaller provincial towns

    There's been a solid growth in house values across many smaller provincial towns


    The latest QV report shows nationwide residential property values increased
    steadily over the past year by 4.8 percent, but dropped by 1.6 percent in the
    three months to August.

    Spokesman David Nagel says the nationwide average value is now 672-thousand
    500.

    He says the regions value for money continues to appeal to a range of buyers
    even during the quieter months.

    Nagel says areas like Tararua, in Central Hawke's Bay and Rangitikei that
    slipped through the cracks, while the market was strong last year, are in catch
    up mode now.

    © 2024 Newstalk ZB, NZCity

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