The report noted Dunedin had enjoyed a "strongly positive'' quarter, particular in the city's housing and construction sectors. Average house prices in Dunedin had risen 15%, to $432,494, in the year to March, compared with a 1.3% increase, to an average house price of $683,516, across New Zealand. The demand for housing in Dunedin had driven a ``seller's market'' and fuelled a response, as consents for new homes jumped 11.4%. Non-residential consents - including the construction of new commercial buildings - were also up 17.5% in Dunedin, compared with 7.6% nationally, which represented $84million worth of new construction work in the city. Average house prices up 15% to $432,494.

Source: Otago Daily Times June 10, 2019 16:30 UTC