Asking prices remain strong
The national average asking price for July was $488,711, only 0.4% lower than the record achieved in June.
Three regions achieved new record high asking prices last month.
On average, sellers in Waikato want $394,806 for their homes, marginally higher than the previous high achieved in March this year. In Canterbury the new average asking price of $461,032 was about 2.6% above the record from January. But Central Otago’s average asking price rose to $782,682– a price that outstrips the record set in May 2013 by nearly 10%.
Northland had the biggest fall in asking price, down more than 14%.
Click the button below to subscribe and will have free unlimited access for a limited time to full article and all other articles on the site.
You will also be able to comment on articles on Good Returns.
