Auckland house prices hit record as volumes crash

Sunday 13 November 2016

The REINZ has released its house price data for October, which revealed that Auckland’s median house price jumped by 5.2% to $868,000 to be up by 16% year-on-year and hitting the highest level on record:

Nationally, house prices fell by 1% over October, but were up by 10.9% 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.