This is the most up to date statistical information as it is for all sales that went unconditional during April. The number of residential properties sold in April across New Zealand was the highest for an April month in 5 years with 7,218 properties sold.Median prices for residential property across New Zealand increased by 19.1% from $680,000 in April 2020 to $810,000 in April 2021, albeit down from last month’s record. Additionally, 9 out of 16 regions reached record median prices and so did 21 districts – well down on 32 districts last month.Median house prices for New Zealand excluding Auckland increased by 33.5% from $517,000 in April last year to $690,000, a new record high for New Zealand excluding Auckland. Auckland’s median house price increased by 21.6% from $925,000 in April 2020 to $1,125,000 in April 2021 – a new record for Auckland. Additionally, Manukau City reached a new record median high of $1,070,000 and Franklin District reached a new record median price of $838,000.In addition to Auckland, 8 other regions reached record median prices.
Now ask yourself this……….does Labour have a clue what they are doing? It’s almost as if they want prices to keep rising!