Quotable Value (QV) reports that nationwide residential property values have risen in January, with values up 1.5% over the past three months. Values are now 2.6% above the previous market peak of late 2007.
The Government valuer said that its monthly property value index shows that prices have risen by 6.2% over the past year, with increased activity now moving beyond Auckland and Christchurch………………………………………..Full Article: Source