National median house sale prices and those in six areas throughout the country set records last month, Real Estate Institute figures out for September show. But Auckland is "taking a wet winter breather", REINZ said, adding that on a seasonally adjusted basis, median Auckland sale prices fell 3 per cent in September. Meanwhile, across the rest of the country prices continue to rise, still demonstrating strong price and volume growth," Thomson said. "Auckland saw an uptick in the level of inventory from 10 to 12.5 weeks of supply," REINZ said. Median residential sale prices were $809,500 in May, $839,500 in June, $840,000 in July, $850,000 in August and $850,000 in September.

Source: Otago Daily Times October 12, 2016 23:15 UTC