New Zealand Quotable Value house prices rise 5.4% y/y

New Zealand house prices

• Prior was +4.6% y/y

• Was the best y/y rise since August

• Some big divergences: Auckland +1.2% y/y, Wellington +9.6% y/y

• Overall NZD price $681,802

That ain't cheap and Auckland is much worse at $1,238,448.