PHOTO: Gisborne, New Zealand.
RESIDENTIAL property market asking prices are soaring in regional New Zealand, with Gisborne leading the way with a 19.5 percent hike from December to reach an average of $344,082.
Asking prices either fell, or remained stable in Auckland, Wellington, Canterbury, Waikato and Otago compared to December, and Gisborne, Northland, Central North Island, Bay of Plenty, Hawkes Bay, Wairarapa and Marlborough were “a hive of activity” said realestate.co.nz spokesperson Vanessa Taylor after their January report was released.
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