The latest National Market Watch report is available HERE
While there’s been plenty of talk out there about changes in the real estate market, the latest figures from Harcourts NZ for Christchurch show a market that is, in fact returning to steadier, more sustainable levels.
The average house price in Auckland held steady last month, down just 1.64% to $969,426, when compared to the same period last year.
The average house price in provincial South Island rose to $431,948 last month, an 8% increase when compared to the same period last year. That figure represents a continuation of a strong, active period of sales in the region, which started toward the end of 2017.
Otahuhu is perfectly positioned for a great 2018 when it comes to the property market, says the new owner of Harcourts Otahuhu, Mushtaq Sheikh.
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