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The median house price for New Zealand rose 1.8% in March 2018 to reach a new record high of $560,000 up from $550,000 in March 2017 according to the latest market statistics from the Real Estate Institute of New Zealand (REINZ).

The median house price for New Zealand rose 6.9% in February to $530,000 up from $496,000 in February 2017 according to the latest market statistics from the Real Estate Institute of New Zealand (REINZ).

As the mercury rose during January to produce the hottest month on record, sales volumes across New Zealand rose when compared to the same time last year for the first time in seven months according to the latest market statistics from the Real Estate Institute of New Zealand (REINZ).

Median house prices across New Zealand rose by 5.8% year-on-year to $550,000 - up from $520,000 in December 2016 and median prices for New Zealand excluding Auckland increased by 6.6% to $450,000 (up from $422,000 in December 2016) according to the latest market statistics from the Real Estate Institute of New Zealand (REINZ).

The number of properties sold in November across New Zealand increased by 17.8% from the previous month - the largest October to November increase seen in 6 years according to the latest market statistics from the Real Estate Institute of New Zealand (REINZ).

Prices rose in 14 of New Zealand's 16 regions for the year to October, leading the median house price for New Zealand, excluding Auckland, to reach a record price of $440.000 (an 8.5% increase), according to the latest market statistics from the Real Estate Institute of New Zealand (REINZ).