Asking prices in Auckland led a country-wide surge in house asking prices last month, with the average asking price price of a home in New Zealand breaking through the half a million dollar bracket.
Realestate.co.nz, which lists more than 120,000 properties, released their figures for February recently that showed the national average asking price was now $511,421 last month, up from the previous high of $498,471 in January 2015.
In Auckland the rise was even more pronounced with the average asking price of $764,000, up $87,000 from 12 months ago and more than $200,000 from early 2012.
Realestate.co.nz spokesman and board director Bryan Thomson said the figures were a sign of "robust gr…
Falling oil prices have been widely expected to hit Houston's economy, and ultimately house prices, however January was another record month for the city's housing.
Sales were up 6.1 percent in January as buyers closed on 4,032 single-family homes for a median price of $190,000, according to a monthly report from the Houston Association of Realtors.
Sales activity was strongest in the $250,000 to $500,000 price range, while homes less than $150,000 showed declines. The pace of sales has started to slow among homes priced higher than $500,000.
"January was a strong month overall for the Houston housing market, but we still expect to see sales cool as a result of lower oil prices and the l…
