Property market runs hot: prices reach an all-time high

New Zealand’s national average asking price reached a record high of $717,600 in September, a 10 per cent increase when compared with the same month last year according to the latest Trade Me Property Price Index.

Trade Me Property spokesperson Logan Mudge said out of New Zealand’s 15 regions, seven reached record property prices in September. “The average asking price in Wellington, Auckland, Taranaki, Marlborough, Manawatu/Whanganui, Northland and the Bay of Plenty all hit record highs in September as a flurry of buyers hit the market.”

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https://www.trademe.co.nz/c/property/news/property-market-runs-hot-prices-reach-an-all-time-high?utm_source=tm-mk-property620&utm_medium=email&utm_campaign=newsletter&utm_content=article1&mkt_tok=eyJpIjoiTW1FMU1EZ3lNalpsTlRNeCIsInQiOiJOZUpIZUs1WERpZ3dKbURtTzBhbElEbVk5N3NpdUFCUjRtVnpUb2NYaFJldjdJaEZtR3ExWXd2TjhpcTQ0dFRHc1wvRGsxNmpcL2t0bFNDVGRJeW84VCs0YVBtbkVwYU5WNXp2cTh5SjhtR0VNQnMwdlhwakV5emJ0Y1J5aFwvN094ciJ9