Story: Real estate

Average house prices, June 2008

Average house prices, June 2008

This graph gives a snapshot of average house prices across the country in June 2008. Auckland house prices were the highest of all the metropolitan areas, but they were surpassed by those in the Queenstown Lakes district. Queenstown’s prices are so high because it is an international tourist destination and many properties have wealthy overseas owners.

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How to cite this page:

Bob Hargreaves, 'Real estate - The real estate market', Te Ara - the Encyclopedia of New Zealand, http://www.TeAra.govt.nz/en/graph/21320/average-house-prices-june-2008 (accessed 12 November 2019)

Story by Bob Hargreaves, published 11 Mar 2010