Kelvin Davidson: Cotality Chief Property Economist on property values growing slightly in June
New Zealand’s property values are ticking back up again.
New data from Cotality has revealed a 0.2% national increase in June, reversing the 0.1% falls that came in April and May.
The medium house price remains around the $815,000 mark, with Tauranga and Christchurch both increasing by 0.6%.
Chief Property Economist Kelvin Davidson told Mike Hosking property values are fairly flat when averaged out over a few months.
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