Harcourts CEO Chris Kennedy on what the latest figures means for the property market.
In Auckland, the average house price in March 2019 was up 0.6% on the same recorded period for 2018 with the average for the month sitting at $975,775.
In the provincial South Island, the average sale price has seen a 3.2% decrease on March 2018 to fall from $431,948 to now sit at $418,259 in March 2019.
In Christchurch, the average house price has increased from $548,172 in March 2018 to $597,317 in March 2019 which is 9.0%.
In the provincial South Island, the average sale price has seen a 9.2% decrease on February 2018 to fall from $461,319 to now sit
at $419,096 in February 2019.
In Christchurch, the average house price has dropped from $555,957 in February 2018 to $540,459 in February 2019 which is 2.8%.
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