The housing boom appeared to stabilise in September with median house prices steady on $215,000 and Auckland increases slowing.
Tuesday, October 21st 2003, 9:14AM
by The Landlord
Latest Real Estate Institute of New Zealand (REINZ) figures show the Auckland median price had a reduced rate of growth, rising from $315,000 in August to $319,000 in September.
It is Wellington that stands out in the results with a 6% rise in the median from $225,000 in August to the latest figure of $238,750 for September.
Other regions showing solid increases included Canterbury/Westland, up from $162,500 to $170,000 and Otago, with an increase in the median selling price from $132,500 to $142,500.
