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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. ...
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]
The metropolitan urban limits of Auckland in 2009. This is a list of suburbs in the Auckland metropolitan area, New Zealand, surrounding the Auckland City Centre.They are broadly grouped into their local board areas, and only include suburbs within the metropolitan urban limits of the Auckland urban area.
The median home price for the Cincinnati area hit $274,000 in February, up 10% from February 2023, according to Redfin. That's just 6% off the Cincinnati area's all-time high median price of ...
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.
In August 2022, the Real Estate Institute of New Zealand (REINZ) reported the median house price in the Auckland region was $1,100,000, ranging from $900,000 in the former Papakura District area to $1,285,000 in the former North Shore City area, This is compared to a median price of $700,000 outside of Auckland. [118]
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