Auckland is no longer New Zealand,s fastest house price growth area.
Quotable value,s latest data revealed Wellington house values have risen 21% in the last year compared to Auckland,s 15%.
The QV Price Index showed the average for Auckland is $1031,253.00 compared to Wellingtons $553,023.00. In Wellington the average value on latest reports is now $661,927.00.
The national house value average currently is $619,660.00.
Other areas to have substantial gains are
Tauranga 28% increase to $644,297.00.
Dunedin 12% increase to $339,201.00
Christchurch 4.4% increase to $495,723.00
Regional areas are also experiencing strong growth with Western Bay Of Plenty ,Rotorua , Kawerau , Hauraki district ,Whangarei , Napier , Hastings, and Nelson being stand out performers.
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