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28 Nov 2021 18:36
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  •   Home > News > Business

    Housing price records in seven regions

    Housing price records in seven regions


    Median prices across the country increased 15 percent to 795-thousand dollars last month, year-on-year.

    The biggest increase was in Manawatu/Wanganui, where prices shot up more than 35 percent, to 626 thousand.

    Canterbury, Hawke's Bay and Southland were up nearly a third.

    Real Estate Institute chief executive, Jen Baird, says prices are proving resilient, with some regions noticing a decrease in the number of first home buyers, partly due to rising prices.

    © 2021 Newstalk ZB, NZCity

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