New Zealand property prices rise 2.2% year-on-year, with South Island leading the increase.
New Zealand's property prices continue to rise for the second consecutive month, with the national average asking price reaching $885,100, up 2.2% compared to last year. The South Island led the increase, while the West Coast saw the biggest jump of 10.2%. Trade Me's Property Price Index reports this as a positive sign for the property market, benefiting both buyers and sellers.
April 22, 2024
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