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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
Published Tue, Sep 6, 2016 · 09:50 PM
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Auckland
THE average house price in Auckland, New Zealand's largest city, has surged above NZ$1 million (S$994,525) for the first time.
The price for the Auckland area, home to a third of New Zealand's population, jumped 16 per cent in August from a year earlier and 6.1 per cent in the last three months to NZ$…
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