Good news for renovators 

Property prices are on the rise again – and that’s not just limited to Auckland and post-quake Christchurch, according to the QV residential property index for October. “Many other areas of the country are now increasing also,” said QV’s  Jonno Ingerson. 

Property prices still on the rise.

Ingerson said “while there has been a slight increase in new listings in many areas, this has yet to translate into an increase in the number of sales. However looking back over the past 20 years while sales generally pick up in October and November, that trend has been largely absent in the last few years, with any increases tending to be in February and March”. 

Here’s QV’s summary of property price movements across New Zealand. 

For more details, go to the QV Online website.