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27 May 2022 2:19
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  •   Home > News > Business

    Every New Zealand suburb has recorded a positive property price growth in 2021

    Every New Zealand suburb has recorded a positive property price growth in 2021


    CoreLogic's Mapping the Market Report shows seven of the 966 suburbs recorded least 40 percent median increases.

    Up to 31 suburbs have median values of two million dollars or more.

    Chief Property Economist Kelvin Davidson says it's interesting to see an upturn across all suburbs.

    He says it's down to a set of common drivers including low mortgage rates and historically tight supply of listings across the country.

    © 2022 Newstalk ZB, NZCity

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