Buoyant Auckland market leads house prices up

The housing market remained remarkably buoyant in July, usually a slow month, with strong volumes and the median house price notching up a new record, the latest Real Estate Institute sales figures show.

Thursday, August 21st 2003, 3:12AM

by The Landlord

They also suggest a ratcheting up in house price inflation.

The national median house price rose from $210,000 in June to $211,250 in July which was a 14.2% increase from the $185,000 median price in July last year.

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