REINZ: house prices and sales volumes show Spring growth
12 Dec 2016
Colm McGrath
Median house prices and sales volumes have grown across New Zealand during November. The national median sale price reached a new record of $520,000. 10 of 12 regions in New Zealand hit new record high median sale prices in November 2016 - only Auckland and Central Otago Lakes did not post new record median prices. The number of sales for November 2016 was 7,576, an increase of 13% on October. Sales volumes fell 6% compared to November 2015. On a seasonally adjusted basis sales for November fell less than 1%.
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