Autumn and early winter Auckland property values have stayed on ice, showing a longer-term pattern of being frozen or flat. The QV Value Index out today showed Papakura values fell 1.8 per cent, Waitakere 0.6 per cent, Manukau northwest, Franklin 0.1 per cent, Auckland City east and Auckland City south fell 0.5 per cent. North Shore values rose only 0.2 per cent overall in the three months, Rodney 1.6 per cent and Manukau values had no change. Auckland property values average $1,045,059, up 2.4 per cent in the past three months, 7 per cent in the past year and 91.2 per cent since the 2007 peak. QV homevalue Hamilton valuer, Stephen Hare said: "Values in the Hamilton city market have plateaued over the past month.

Source: New Zealand Herald July 04, 2017 17:01 UTC