Auckland house prices still simmering

Real estate data from two industry organisations shows a conflicted picture of Auckland house prices — with one saying they are softening and the other pointing to rises.

QV says the average value in the Auckland region is $918,153, whereas Realestate.co.nz says it’s $832,713 — a more than $85,000 difference. The disparity is probably down to QV basing its figures on actual sales, and Realestate.co.nz using sellers’ asking prices — it could be the first hint of a softening market.
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