PHOTO: House prices predicted to soar in 2021 as Auckland ‘property boom’ starts again. CoreLogic / Getty Images
A new interactive map shows which New Zealand suburbs have the fastest rising house prices and which areas are the most expensive.
CoreLogic’s Mapping the Market gives an insight into how the value of property varies across cities throughout the country, as well as how values have changed over time.
Kelvin Davidson, CoreLogic‘s senior property economist, says the surge in home values they have seen over the past six to nine months would “make it challenging” for prospective home buyers to understand which suburbs match their budgets.
He hopes the new map will help deliver an easy to interpret explanation of the current property market.
“By clicking on any particular NZ suburb users can instantly see its current median property value, values a year ago, and the percentage and dollar change over that period with the aim to help enhance their property buying journey.”
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