Auckland property values grow 1%, lagging national average rate of 6.5%: QV

Tue, 06 Mar 2018

By Jonathan Underhill March 7 (BusinessDesk) - Growth in Auckland property values continued to lag behind New Zealand as a whole in February, with the slowest pace in six months nudging the city's average price up to $1.05 million, says state-owned valuer Quotable Value. Residential property values across the Auckland region rose 1 percent year-on-year in February and gained 0.8 percent in the three months ended Feb. 28, QV said. The QV house price index shows that nationwide, property values rose 6.5 percent from the same month last year...

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