Wellington region’s house price values surged ten per cent over winter 2016

• Wellington’s winter was a boon for property prices with a 10 per cent surge in growth from May to September in 2016.

Nick Goodall, a senior research analyst at property research firm CoreLogic said while the Wellington region took a bit longer than Hamilton or Tauranga to get going during winter the QV house price index figures showed annual growth jumped from 10.2 per cent to 21.2 per cent – “an exceptionally steep curve, especially for the winter months.”

READ MORE VIA STUFF

After steep growth in winter of 2016 the Wellington region’s property market is set to cool – but remain buoyant – in 2017.