Auckland median house price nears $1 million

Wednesday 15 June 2016

The REINZ has released its house price data for May, which revealed that the stratified median house price nationally rose by 2.1% over month to pass the $500,000 mark for the first time, with prices also up by 7.2% over the quarter and by 14.7% over the year.

The below chart tracks long-term price trends across the major markets:

The full text of this article is available to MacroBusiness subscribers

$1 for your first month, then:

$24.99 / month

$249 / year

Cancel at any time through our billing provider, Stripe

About the author

Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.