Photo: RNZ
Auckland and Wellington remain the parts of the country with prices furthest from their peak - but one property investor says one is looking more undervalued than the other at the moment.
Cotality has released its latest data, which shows a 0.1 percent lift in values for New Zealand in November.
The national median now sits at $806,551, which is 17.4 percent below the early 2022 peak and only 1.1 percent higher than June 2023's trough.
But within that data, the picture is mixed.
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Auckland is 22.9 percent below its peak, down 2.2 percent year-on-year and down 0.2 percent in the month.
Hamilton is down 11.4 percent from peak but up 0.3 percent year-on-year and 0.7 percent in the month.
Taura
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