Auckland house prices soar

Auckland’s average house price rose to a record in December as property values benefited from a lack of supply heading into the peak summer auck-hpriceqv

The average sale price rose to $700,387 in December, from $684,646 in November and $624,015 in December 2012, according to realtor Barfoot & Thompson. The median price rose 1.2% from November to $629,000 and was 14% ahead of the year earlier month.

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