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As of 2019, the average house price in New Zealand exceeded NZ$700,000, with average prices in the country's largest city, Auckland, exceeding $1,000,000 in numerous suburbs. [33] The ratio between median house price and median annual household income increased from just over 3.0 in January 2002 to 6.27 in March 2017, with Auckland's figures 4. ...
The average and median prices for detached houses had declined by almost $400,000 in the Greater Toronto Area by September 2022. [65] The Teranet-National Bank House Price Index dropped 10% by mid-January 2023, the “largest contraction in the index ever recorded” since it began in 1999. [66]
The 1960s and 1970s saw rapid development of suburbs on the North Shore, and by the 1980s Howick, Manurewa and Papakura had become part of the Auckland urban area. [1] Current predictions of urban growth show new suburbs developing in northwestern Auckland near Whenuapai , and a continuous urban expansion between Papakura and Pukekohe .
5th Avenue, New York. Canada. Calgary, Alberta: . Pump Hill Close [40]; Roxboro [41]; Mount Royal; Vancouver, British Columbia: . Dunbar-Southlands, Shaughnessy [42 ...
The statistical area of Westmere North is slightly smaller than the suburb, which extends into the statistical area of Westmere South-Western Springs. Westmere North covers 0.65 km 2 (0.25 sq mi) [1] and had an estimated population of 2,240 as of June 2024, [2] with a population density of 3,446 people per km 2.
This is the lowest rate of home ownership since 1951. This is partly due to the increase in New Zealand house prices which since 1990 have increased faster than any other OECD country. [56] Housing in New Zealand has been classified as 'severely unaffordable' with a score of 6.5 under the median measure housing affordability measure. [57]
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