Northland was the strongest regional uplift of New Zealand in home sales last month balanced to October, when sales dropped significantly. In addition, the prices remained stable in the Northland last month after a moderate line in October. The average cost of Northland was $ 15,000 increased to $ 305,000 since September.
The average prices in the Real Estate Institute of 136 sales last month included in Northland (102 in October) were Whangarei City, $ 277,000; Whangarei County, $ 325,000 Kerikeri, $ 399,000. The number of days of the sale of Northland days made available last month, 53 days versus 50 days in October, but enhanced for 8 days until November of last year.
Real Estate Information Institute in New Zealand real estate market in 6008 showed unconditional sales nationwide last month, 870 (16.9 percent) in November last year. The national average housing costs rose by $ 8500 for a record $ 367,500 (+2.4 percent) over the past month compared with October, and an increase of $ 7,500 (2.1 percent) compared to November last year. These costs exceed the earlier record of $ 365,000 achieved in March.
All regions saw an increase in sales volumes in the work in November compared to October, with the Northland reporting the largest increase at 33.3 percent and the negligible enhance 6.9 percent in Southland. Compared to November last year, Auckland had the biggest boost in sales volumes by 26.7 percent, pursued by Northland (25.9 percent) and Waikato / Bay of Plenty (21.5 percent).
In totaling to the national average house costs reaching a brand new record level, the average cost of housing a brand new record high $ 490,000 in Auckland last month, surpassing the previous record of $ 479.500 high achieved in April.