Latest figures show house prices continue to rise

Morning Report

English - November 13, 2023 18:41 - 8 minutes - 7.67 MB - ★★★★ - 11 ratings
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House prices are continuing to rise. The latest QV figures show the average home value rose 2.1 percent, to just over $907,387, over the three months to the end of October. Whangarei, Hamilton, and New Plymouth recorded slight reductions, while Auckland, Wellington, and Christchurch led the gains with increases ranging from 1.8 to 2.7 percent. Quotable Value operations manager James Wilson spoke to Corin Dann.