WARWICK SMITH/Stuff Whanganui’s median sales price over the last six months was less than the region’s new build price cap. It had a median sale price of $380,000, while the price caps were $400,000 for an existing property and $500,000 for a new build. Even Christchurch was on the list with a median sale price of $530,000, which came in under the price cap of $550,000 for new builds. Christel Yardley/Stuff Te Awamutu had a median sale price of $562,500. Auckland, Tauranga, Wellington and Christchurch all had annual price growth of over 20 per cent, with Wellington recording the highest growth of 27.8 per cent.

Source: Stuff May 07, 2021 16:52 UTC