10 Dec 2013

House values now 11% above previous peak

7:50 am on 10 December 2013

House values are now 11% above their previous market peak in 2007, according to Quotable Value's latest monthly property index.

The value of houses across the country increased 9.2% in November, compared to the same month last year.

House values in Auckland increased 15.2%, with values 25.4% above the previous peak.