Auckland house price rises continued to outpace the rest of the country in the year to April, but at a slower rate than last month, according to the latest Crockers Auckland sales price table.
In the year to April the median sales price for an Auckland house rose 2% to $490,000 against a nationwide rise of 1% to $365,000.
The price gap has narrowed slightly from the March figures which revealed the Auckland median price was up 5% against a nationwide rise of 1%.
A narrowing of the gap between Auckland and the rest of the country was also apparent in the sales figures.
In March Auckland sales were up 17% against a nationwide rise of 25%, while the April figures revealed a 16% rise in Auckland sales against a 14% nationwide increase.
The largest price fall was seen in the Waitakeres - also March's largest faller - down 57% from $1,100,000 to $477,500.
The Waitakeres also saw the largest year-on-year rise in sales, up from one in 2011 to six in April 2012.
Only three Auckland suburbs saw fewer sales than in April 2011, Eastern Suburbs and Ellerslie/Panmure (both -6%) and Glen Eden (-9%).
Source: Landlords.co.nzcomments powered by Disqus