PHOTO: Trade Me Property
Media Release
New Zealand’s property market is finishing off the year with a bang, with the national average asking price reaching an all-time high in November, according to the latest Trade Me Property Price Index
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- The national average asking price rose 12.5 per cent year-on-year in November to reach $762,700 – the new all-time high
- The Auckland region also had a record-breaking month, with the average asking price reaching $1,022,300
- House prices in the Wellington region hit an all-time high for the third consecutive month in November with every district in the region also breaking records
- 12 out of the 15 regions around the country saw record-high average asking prices in November with every region seeing year-on-year house price growth
READ THE FULL REPORT HERE: Trade Me media release – House prices skyrocket as 2020 comes to a close (1)