Another record high for house prices

REINZ median NZ house price

Do you recall Labour in 2017 saying house prices were a crisis. Well what would you call the situation today? A castrophe?

Since Labour took office the median house price has increased $320,000 or 60%.

In Auckland the median price is now $1.2 million. Evein in South Auckland the median price is $1.16 million.

Over all of NZ,38% of houses sold cost over $1 million.

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