PROPERTY MARKET ON THE MOVE

Sales are up once again for June, 17.3% year on year (REINZ), with record median prices of $372,000 up $3,000, a new record high with Auckland reaching $500,000 record median prices in June.

The prices for June have increased across the country, not just in the previously reported regions of Auckland and Christchurch. Central Otago Lakes have record highs for the month of 11.5% followed by Northland with 10.0% and Wellington with 6.9% (REINZ statistics).



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