- Wellington’s property boom continues to sizzle, with median house prices surging to a record high of $480,000 as competition for dwindling housing stock gets fierce.
Latest Real Estate Institute (REINZ) figures show the median price for the capital rose to $66,625 – up 16 per cent compared with September 2015.
Earlier this month, QV figures revealed Wellington’s house price growth had outstripped Auckland for the second month in a row.
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