14 Mar 2024

House prices rising in majority of NZ suburbs

From Morning Report, 7:19 am on 14 March 2024

House prices are rising again in nearly 60 percent of the country's suburbs.

CoreLogic NZ says median estimated property values rose in 549 of the 935 suburbs analysed in the three months to March.

It says Herne Bay remains Auckland's most expensive market with a median value of $3.31 million dollars.

CoreLogic's chief property economist Kelvin Davidson spoke to Morning Report.