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RT:
In the overheated Auckland region the median price was $610,000, up $10,000 on June.
All parts of the region showed price gains except for the North Shore, where the median dropped from $747,000 in June to $714,000 in July.
The biggest gains were made in the central suburbs that comprise the former Auckland City Council area, where the median price increased from $655,750 in June to $692,000 in July.
The median price in the Auckland region has now increased by 10.5% over the last year.
However the number of homes sold in the Auckland region declined to 2240 in July, down 3.8% on June and down a whopping 18.7% compared with July last year.
In Wellington the median price was $380,000, down 1.3% compared with June.
Prices throughout the region were mixed, with areas such as Lower Hutt posting a 12.3% decline for the month while the median price in Pukerua Bay/Tawa was up 14%.
The number of sales was up, with 621 homes selling in July, up 10.3% compared with June and 1.3% compared with July last year.
In Christchurch the median price was $407,250, a decline of 5.4% from June's median of $430,000.
However the volume of properties sold in Christchurch was up 8.1% compared with June and up 4.4% compared with July last year. |
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