NZ property values keep climbing in April, with further strong gains in Auckland

Thu, 09 May 2013

May 9 (BusinessDesk) - New Zealand property values continued to rise in April to be 4 percent above their peak of late 2007, as Auckland again recorded strong gains, according to state valuer Quotable Value. National property values increased 1.3 percent in the three months ended April 30 to $431,967, the same pace as in the three months through March. Values have gained 7.1 percent over the past year. Property values in greater Auckland climbed 12 percent to $628,205 in the latest 12 months and in Christchurch they rose 9.4 percent to $418,...

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