NZ median house price slips 0.8% in December from November's high

Mon, 16 Jan 2017

By Jonathan Underhill Jan. 17 (BusinessDesk) - New Zealand's median house price fell 0.8 percent in December from November's record high, although regions including Wellington recorded all-time highs. The national median house price fell to $516,000 last month from $520,000 in November, the Real Estate Institute said. The median price rose 11 percent from December 2015. The median price in Auckland fell 1.4 percent from November to $840,000 but was up 9.1 percent from a year earlier. Excluding Auckland, the national median price rose 11 p...

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