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Auckland's average house price surges over NZ$1m mark in August

Record immigration, low interest rates and supply shortage are driving city's housing market

Auckland

THE average house price in Auckland, New Zealand's largest city, has surged above NZ$1 million (S$994,525) for the first time.

The price for the Auckland area, home to a third of New Zealand's population, jumped 16 per cent in August from a year earlier and 6.1 per cent in

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