"The number of properties sold in New Zealand excluding Auckland increased 19.4%% month-on-month and in Auckland it increased 13.9% month-on-month. Auckland's median rose 3.8% from $848,149 to $880,000. Sales numbers increased by close to 20% and average and median sales prices remained firm. "They were small signs, but it indicates the Auckland market is holding firm and buyers are returning," said director Kiri Barfoot. "At 757 sales in the month we had the highest number of monthly sales since August and November's sales were 9.7% higher than the average sales number for the previous three months.

Source: Otago Daily Times December 12, 2017 21:56 UTC