Auckland’s Average House Price Drops Below $1 Million

Auckland’s average house price drops below $1 million

Auckland's average asking price has slipped under the $1 million mark for the first time in six years. Data out this morning from realestate.co.nz shows the region's asking price for September was $993,000. Auckland real estate agent Diego Traglia spoke to Ingrid Hipkiss.

Auckland’s average asking price slips below $1 million for first time in six years

With Auckland asking prices down more than $280,000 from their peak, agents say the city is delivering one of its most buyer-friendly markets in years.