House prices are increasing at a faster rate in Dunedin that in the other main centres. Photo: ODTHouse prices in Dunedin are increasing at a much higher rate than New Zealand's other main centres, according to fresh data. The latest QV house price index barely changed in the past three months to September rising 0.6%. Annual growth remained steady at 2.4%, with the average national house value now $691,460. Dunedin is the only exception, still hanging in there at 2.9% quarterly value growth," QV general manager David Nagel said.

Source: Otago Daily Times October 01, 2019 22:01 UTC