- The Kiwi property for sale market is on the rise again, with the average asking price for a typical property lifting 2.9 per cent in October to a record high of $618,000, according to the latest Trade Me Property Price Index.
Head of Trade Me Property Nigel Jeffries said the market had “spluttered back to life” during spring. “The last 30 days has seen over $17,000 added to the average asking price of property for sale in New Zealand. It’s been a familiar story recently, with new price records being broken almost every month and over $46,000 added to sellers’ expectations over the last year.”
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