Australasia

Two regions set record high house prices as median values rise across New Zealand

Median house prices increased by 9.4% across New Zealand year on year in January to $490,000 with two regions recording record high values, the latest index shows. Two of 12 regions in New Zealand saw record prices with Hawke’s Bay up 16% to $366,000, and Nelson/Marlborough up 25% to $470,000, according to the figures from […] The post Two regions set record high house prices as median values rise across New Zealand appeared first on PropertyWire . Continue reading

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UK house prices ended 2016 with strong growth, latest index shows

House prices in the UK increased by 7.2% in the 12 month to December 2016 taking the average property value in the country to £219,544, the latest index data shows. Month on month prices increased by 1.4% since November 2016 taking the monthly index figure for the UK was 115.2, the figures from the Land […] The post UK house prices ended 2016 with strong growth, latest index shows appeared first on PropertyWire . Continue reading

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Number of homes worth a million dollars or more soars in Australia

There was a time in which having a home in Australia worth $1 million or more meant that the property was exclusive and rare but now the number of areas with properties in this price bracket have soared. The latest data shows that in the five years to the end of December 2016 the numbers […] The post Number of homes worth a million dollars or more soars in Australia appeared first on PropertyWire . Continue reading

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