QV says house prices rose 3.2% in 2018

Tue, 15 Jan 2019

By Jenny Ruth Jan. 16 (BusinessDesk) - Quotable Value says its house price index rose 3.2 percent in the year ended December, a slowdown from November’s 3.5 percent annual reading. The average house price nationwide is now $682,938 while the average house price in the Auckland region fell 0.4 percent to $1.05 million. The only other district with average prices in the millions is Queenstown Lakes. The average price there is $1,193,225, up 7.3 percent on a year ago. At the other extreme, the average house price in Buller is $190,262,...

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