QV: Regional breakdown
Auckland
Values in the wider Auckland area have risen 2.6% over the past three months and 6.8% over the past year.
Over the past year, values have increased the most in old Auckland City, where they are up by 7.7%, but Manukau (up 6.8%), Waitakere (6.2%) and North Shore (6.0%) aren’t far behind. In the past three months Manukau has increased the most (up 3.2%) with the other three areas mentioned up between 2.3% and 2.7%.
Compared to the previous market peak in late 2007 values in the wider Auckland area are now 6.5% higher, with the old Auckland City up 9.3% since peak, North Shore up 5.1%, Manukau 3.9% and Waitakere 2.5%.
QV Valuer Jan O’Donoghue said: "There hasn’t been the same heat in the Auckland market over the past month as we have seen for much of the past year. Buyer enquiry dipped, and a few properties were selling below expectations. This is in stark contrast to the strong activity through winter, and came as something of a surprise."
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