Median sales prices hit record high in five regions in New Zealand

Five regions in New Zealand saw median sales prices hit a new record high but overall the median price nationals fell by 1% in June, the latest real estate index shows. The median sales price now stands at $500,000 with the Waikato/Bay of Plenty region recorded its fifth record median sale price for 2016, reaching $438,000, while the median price in Auckland reaching $821,000. The data from the Real Estate Institute of New Zealand (REINZ) also shows that Northland recorded a new record median of...