The average house price has increased 0.63% on the same period in 2017 with the August 2018 average sitting at $527,483.
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Listings are still on the increase in the market across the South Island increasing from 219-278 (26.9%) for the August 2017 v August 2018 period.
New listings were down in August by 5.05% compared to the previous year falling from 614 to 583.
The average house price has increased 13.8% on the same period in 2017 with the July 2018 average sitting at $555,772.
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