PHOTO: 123RF – A deposit on a median-priced house in Auckland is about 24,000 lattes.
Twenty-four thousand lattes. Sixty thousand avocados. About 500 years of Netflix.
If you’re trying to get into the Auckland housing market, that’s what it could cost you.
The Real Estate Institute’s data for September shows Auckland’s median house price has been stable at $850,000 for the past 18 months.
Chief executive Bindi Norwell said it was positive for first-home buyers who were saving to buy a property.
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