28 Apr 2021

House prices: Average asking price tops $800,000- Trade Me

From Morning Report, 7:56 am on 28 April 2021

The asking price for an average New Zealand house has passed $800,000 for the first time, according to Trade Me.

It is is now just over $805,000 nationwide. Their property index showed March was the seventh record month in a row with housing prices seeing no sign of slowing.

In Wellington, the average asking price broke records, rising 20 percent year-on-year to $829,500.

Trade Me Property Sales Director Gavin Lloyd spoke to Corin Dann.