PHOTO: Quotable Value
House prices $300,000 above what New Zealanders think is affordable
On average New Zealanders think an affordable home price would be $375,200.
This is $300,480 below Quotable Value’s national average house price, for the three months ending June 30, 2018.
A Horizon Research nationwide survey finds Aucklanders think the maximum realistic price for a home to be “affordable” is $468,400. The average Auckland house sold for $1,053,575 in June, 2018, according to QV.
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