Dunedin stays mostly immune from national increase in home prices

Quotable Value New Zealand figures for January show Dunedin has stayed mostly immune from a national increase in home prices.

Values nationally are up 1.5% over the past three months, and 6.2% over the past year.

But values in Dunedin have remained relatively stable, up just up 1.1% over the past three months, and 2.7% in the past year.

Valuer Tim Gibson says Dunedin has had a busy start to the year, with lower priced homes seeing the most activity.

Properties in the lower end of the market have received multiple offers, and sold within weeks or even days.

Email page link

Story feedback

Buy on DVD