The housing market was extremely weak in October although there are signs prices may have started to stabilise. However there are signs the recent falls in house prices may be starting to abate. The national median house price was $825,000 in October, down 7.5% compared to October last year but up 1.9% compared to September this year. For the rest of the country excluding Auckland sales volumes in October fell 2.4% compared to September, while the median price was down 1.5% for the month. The interactive charts below show the monthly trends in median prices and sales volumes for all regions of NZ.
