Whangārei house prices have taken their first dive in six years as house prices outstrip local wage growth.
The latest figures show the average value of a house in Whangarei has fallen 1.4 per cent - the only provincial centre in the country to show a drop.
It follows six years of growth during which property values have risen about 60 per cent.
Over roughly the same period, the average household income has risen 32 per cent to $94,550.
The housing figures come from the September 2019 CoreLogic QV House Price Index.
Northland Property Investors' Association president Mike Tasker said