PHOTO: JOHN BISSET/STUFF – Real Estate Institute NZ chief executive Bindi Norwell.
A change to Auckland high school zones is expected to drive house prices up even further, a real estate organisation says.
Real Estate Institute of New Zealand chief executive Bindi Norwell said it was understandable schools may need to stop out-of-zone applications as the region’s population continued to grow.
“However, given the upwards pressure on prices of buying in a popular school zone, our concern is that this will place even more pressure on some of those areas, further adding to unaffordability issues for people to send their children to some of these popular schools,” Norwell said.
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