Friday, 16 April 2021, 5:45 am
Median prices for residential property across New Zealand
increased by 24.3% from $665,000 in March 2020 to $826,300
in March 2021 a new record high for the country.
Additionally, 12 out of 16 regions reached record median
prices and so did 32 districts, according to the latest data
from the Real Estate Institute of New Zealand (REINZ),
source of the most complete and accurate real estate data in
New Zealand.
Median house prices for New Zealand
excluding Auckland increased by 23.6% from $550,000 in March
last year to $680,000, a new record high for the
country.
Auckland’s median house price increased by
18.5% from $945,000 in March 2020 to $1,120,000 in March