The average asking price for houses increased 17 per cent year-on-year in May to reach a record $820,950, Trade Me says. READ MORE:* Average advertised house prices at all-time high, up 16 per cent on April last year* Average property asking price hits record $800k - but can it last? Chris Skelton/Stuff The average asking price for houses on Trade Me has reached another record, increasing by 17 per cent year-on-year in May to reach $820,950. “The average asking price in the region entered the $700,000 bracket for the first time at $700,750,” Lloyd said. Central Wellington asking prices reached a record of $940,200 in May, 13 per cent higher than the year before.

Source: Stuff June 07, 2021 21:22 UTC