Property prices on the up and up

Prices on the New Zealand property market are still going up. That's according to Core Logic's January House Price index report which says property values countrywide went up by 2.2 percent in January and they're up by nearly 13 percent since this time last year. The average house value in New Zealand is now 800-thousand dollars. To get a taste of what's out there, our producer Ellie Jay went along to a Barfoot and Thompson Auction in Takapuna on Auckland's North Shore.