Auckland house prices hit another record high

Wednesday 10 August 2016

The REINZ has released its house price data for July, which revealed that the median house price nationally rose by 1.0% to $505,000 from $500,000 in June, with the annual growth clocking in at a still strong 8.6%:

However, Auckland house prices rose another 0.5% in July to a record $825,000, to be up 12.2% year-on-year:

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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.