NZ house prices firm in February, volumes down from a year earlier

Sun, 12 Mar 2017

By Rebecca Howard March 13 (BusinessDesk) - Median house prices firmed slightly across New Zealand during February with the regions outpacing the nation's largest city of Auckland, according to the Real Estate Institute of New Zealand. The national median house price increased to $495,000 in February, up 1 percent from January and 10 percent higher on the year. Outside Auckland, the median price rose 7.3 percent from a year earlier, while in Auckland - where prices have skyrocketed up until recently - it was up 6.7 percent. The number o...

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