NZ median up 14.7%

Hamilton median house prices rose 13.2% in the 12 months to 30 September 2020.

The volume of houses sold in Hamilton increased by a whopping 50.6% in September 2020 on September 2019.

This is the highest number of properties sold in the Waikato in the September month for 14 years.

“Prices across the country have seen some significant increases, with once again every region in New Zealand seeing an annual uplift in median house prices.  More than half of the regions saw record median prices in September, as did 19 territorial authorities; and only two regions didn’t see double-digit increases showing just how strong the market is at the moment,” says Bindi Norwell, REINZ.

Source: REINZ

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