Rotorua house values up 10 per cent

FILE

Rotorua's property values have risen 10.2 per cent in the past 12 months.

The QV House Price Index for February, released at midday today, shows the current average valuation of a house in Rotorua is $299,964 - that's 10.2 per cent higher than last February and up 2.7 per cent from three months ago

Average values now sit 2.2 per cent over the 2007 market peak.