NZ residential property values have risen at the fastest quarterly rate in 12 years with the national average house value topping $600,000.00

Its the fastest quarterly gain since December 2003.

For the month of July the national average jumped 14.1 % from July 2015.

Hamilton , Queenstown Lakes  and Tauranga saw the fastest growth with Hamilton values up by 31.5% over the last year at twice the pace of Auckland.

Other parts of the country are also having big increases i value and to find out more please click onto the attached article.

Average house price passes $600k across NZ, as Auckland soars to nearly $1m – Yahoo New Zealand