New Zealand house prices surged 102.6% over 17 years, outpacing apartments' 82.8% increase.

House prices in New Zealand have increased by 102.6% over 17 years, while apartments saw an 82.8% rise. From 2019 to 2024, both saw similar growth rates: 29.6% for houses and 27.1% for apartments. Houses benefit more from land value increases, but apartments remain attractive for first-time buyers due to lower costs. Lifestyle preferences also influence the choice between houses and apartments.

3 months ago
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