9 May 2013

House prices rising

12:59 pm on 9 May 2013

Quotable Value says house prices continued to rise in April, with the average price reaching almost $432,000.

That's an increase of 7% in the last year, with the value now 4% above the previous market peak reached in late 2007.

QV said the increase in values is being driven by all the main centres, not just in Auckland and Canterbury.