Housing market cools in December

The housing market eased back in December from November’s high level of sales but there were still a record number of transactions for the month of December.

Wednesday, January 22nd 2003, 8:32AM

by The Landlord

Compared with November, the median price rose in five of the country’s 11 regions with Hawkes Bay chalking up the biggest increase from $140,000 to $156,250. The median price remained the same in two of the regions and fell in four, most notably in Auckland where it dropped from $280,000 TO $267,500. Auckland’s median price was still up on the $253,800 recorded in December last year.

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