1 Feb 2019

Average asking price for a house now at $700,000

From Morning Report, 7:10 am on 1 February 2019
House prices on the rise

House prices on the rise Photo: RNZ / Cole Eastham-Farrelly

The national average asking price for a house has reached an all time high of nearly $700,000. Record high prices in eight of the country's 19 regions are behind the increase. A spokesperson for RealEstate.co.nz, Vanessa Taylor, speaks to Susie Ferguson.