Talk Money: August 2, 2016

  • 02/08/2016
Talk Money: August 2, 2016

Auckland homeowners are asking record prices for their properties. But it appears that is encouraging more people to look for a property outside of the region.

The latest statistics from property website show that last month, the average asking price in Auckland rose by 1.1 percent to a record $898,562. Across the country, the average asking price slipped 1.3 percent to $569,971.

Asking prices normally correlate closely with the eventual sale prices, but are not always an exact match. says there was a 4.9 percent drop in the number of people searching on the site for Auckland properties, compared to a year ago.

But nationally there was a rise of 14.48 percent in people looking, compared to a year ago.