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NZ house prices set a new record, topping $600,000: Six fastest-rising areas revealed

NZ house prices set a new record, topping $600,000: Six fastest-rising areas revealed

New Zealand house prices set a new annual record, up 8.2 per cent from a median $561,500 to $607,500.

Latest Real Estate Institute data showed that was the first time this country’s house prices had gone above $600,000.

Auckland house prices rose by a median $7000 annually, from $861,000 a year ago to $868,000 last month which REINZ said was the highest median price for that city in 19 months.