In this episode, we give an update on the NZ property market based on the REINZ monthly update. Median house prices are up 6.6% on the last year, but there is significant variation around the country. Manawatu-Wanganui us up 24.1%, but Auckland is only up 0.2% and the West Coast is down 7.5%.
We also go into depth about how median house prices are calculated and what they mean (and what they don't mean).
As usual, if you want to learn more about property investment, head to the Opes Partners website.
