Sunday, May 9, 2010

Property Values Steady Across Wellington Region

Property values across the Wellington region were up 7.1 per cent during the past year from the 6.6 per cent in the year to March.

The average sales price increased a little from $458,260 to $460,365. Lower Hutt recorded the region's biggest increase up 8.2 per cent for the year to April. Porirua property values rose 6 per cent and Wellington city rose 6.8 per cent by comparison.

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