House prices up 31 per cent

Add a comment
House prices are up more than 30 per cent in Rotorua.
House prices are up more than 30 per cent in Rotorua.

Rotorua house prices are up more than 30 per cent this August than the same time last year.

Real Estate Institute of New Zealand (REINZ) figures released today show the median sale price of a Rotorua house increased 31 per cent this August on last to $325,000. The median sale price was up 3.2 per cent on July.

Figures showed 139 Rotorua houses sold this August compared to 155 last August and 138 in July.

The median price across REINZ's Waikato and Bay of Plenty region increased 23 per cent this August on last.

- Rotorua Daily Post

Get the news delivered straight to your inbox

Receive the day’s news, sport and entertainment in our daily email newsletter

SIGN UP NOW

Have your say

1200 characters left

By and large our readers' comments are respectful and courteous. We're sure you'll fit in well.
View commenting guidelines.

© Copyright 2016, NZME. Publishing Limited

Assembled by: (static) on production bpcf05 at 11 Dec 2016 19:53:03 Processing Time: 404ms