Summer stirring for house prices, except in Auckland

PHOTO: BRUCE CLARKE/STUFF – Auckland values are down 0.5 per cent, year-on-year, according to QV

House price growth picked up in November but Auckland is still dragging.

QV’s latest statistics show, nationwide, house prices were up 6.4 per cent in the year to November, compared to annual growth of 3.9 per cent in October.

But in Auckland, they are down 0.5 per cent on the same time the year before, the slowest rate since March 2011. Christchurch’s prices also softened, down 1.5 per cent.

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