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Auckland house prices are over inflated

July 01, 2014 at 12:46 PM

People say Auckland house prices are over inflated. The fact of the matter is Auckland stands at 24th most expensive city in the world. The average property will cost you US$5611 (NZ$6443) per square metre. Compare that to Monaco at (NZ$60,892) or London at (NZ$37,602) per square metre.

I believe we have a plenty more room for prices to increase. I expect that after the elections property will be the back to white hot again.

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Tags: auckland property
Category: Auckland Property

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