The average national real estate asking price climbed to new national record of $521,729 in April, while new listings and total inventory plummeted, according to figures cited in a recent Realestate.co.nz media release.
The latest monthly property data from the official website of the New Zealand real estate industry, showed that Auckland continued to be the main driver in the overall national increase. The city’s average asking price rose by 3% to a new high of $789,581, while ironically no other region experienced a new record in average asking price in April.
In fact, most parts of the country experienced little change – or even decreases – in their average asking price during the month…