Confidence still improving: Realestate.co.nz
That is the highest level since the site’s collection of data began in 2007.
The asking price rise was seen across the country, with Auckland reaching a new record high of $611,864, and Canterbury reaching a new high of $414,070. It’s the first time Auckland’s mean topped $600,000 and Canterbury’s first mean over $400,000.
In total 15 regions reported asking price increases, and seven regions saw rises of more than 5%. The most significant rises were seen in the Central Otago/Lakes, Canterbury, Gisborne, Manawatu/Wanganui, Southland, and Auckland regions, with Central Otago/Lakes showing the largest increases, up 18% to $621,200 (the highest seen since November 2007).
Of the four regions reporting asking price falls on a seasonally-adjusted basis there was only one with a fall of more than 5% - West Coast had a fall of 6.5%.
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