Record house prices across the country
Record house prices across the country
15 May 2020
The nationwide median house price rose by 17.2 per cent between April last year and April this year -- from 580 thousand to 680 thousand.
In Auckland, the median increased by 9.2 per cent, despite a nearly 70 percent drop in the number of houses sold.
Real Estate Institute Chief Executive, Bindi Norwell. says a lot of that is due to how the market was acting before the pandemic.
She says in March a lot of high end properties come onto the market due to increased confidence.
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