Auckland median house price up 21% in August year, national median steadies: REINZ

Thu, 10 Sep 2015

By Suze Metherell Sept. 10 (BusinessDesk) - The number of home sales fell 4.4 percent in August from July, while soaring on an annual basis, as the national median price steadied on a monthly reading, according to the latest figures from the Real Estate Institute of New Zealand. Auckland's median price increased 0.7 percent in August to $740,000, and has surged 21 percent in the year. Some 7,766 homes sold in August, fewer than a month earlier but some 43 percent more than in the same month last year, REINZ said. That includes the highes...

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