Property Management

NZ property market keeps rising

House prices rise for 8th consecutive quarter; Nelson reaches new records soaring more than 40%

Tuesday, August 26th 2003

House prices have risen throughout New Zealand for the eighth consecutive quarter.

Quotable Value New Zealand's House Price Index for the June quarter shows a nationwide increase of 1.7 percent and an increase for the year ending June 30 of 14.2 percent.

Nelson reached new records for the year, soaring more than 40 percent. Other areas achieving annual growth in excess of 15 percent include Auckland City, North Shore City, Napier and Dunedin.

Other areas that saw significant annual growth of between 10% and 15% included Wellington, Manukau, Tauranga, Papakura and Waitakere City.

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Heartland Bank - Online 6.69
SBS FirstHome Combo 6.74
Wairarapa Building Society 6.95
Unity 6.99
Co-operative Bank - First Home Special 7.04
ICBC 7.05
China Construction Bank 7.09
BNZ - Classic 7.24
ASB Bank 7.24
ANZ Special 7.24
TSB Special 7.24
Unity First Home Buyer special 6.45
Heartland Bank - Online 6.45
TSB Special 6.75
Westpac Special 6.75
China Construction Bank 6.75
ASB Bank 6.75
ICBC 6.75
AIA - Go Home Loans 6.75
Kiwibank Special 6.79
Co-operative Bank - Owner Occ 6.79
ANZ Special 6.79
ASB Bank 6.39
Westpac Special 6.39
AIA - Go Home Loans 6.39
China Construction Bank 6.40
ICBC 6.49
SBS Bank Special 6.55
Kiwibank Special 6.55
BNZ - Classic 6.55
Co-operative Bank - Owner Occ 6.55
TSB Special 6.59
Kainga Ora 6.99
SBS FirstHome Combo 6.19
AIA - Back My Build 6.19
ANZ Blueprint to Build 7.39
Credit Union Auckland 7.70
ICBC 7.85
Heartland Bank - Online 7.99
Pepper Money Essential 8.29
Co-operative Bank - Owner Occ 8.40
Co-operative Bank - Standard 8.40
First Credit Union Standard 8.50
Kiwibank 8.50

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