Auckland was second hottest housing market last year: Knight Frank

  • Auckland has been ranked the world’s second strongest city housing market last year by consultancy Knight Frank.

The company’s global residential cities index, which covers 165 cities over 44 countries, found the 25.4 per cent growth in Auckland house prices last year outstripped all others, except the Chinese city of Shenzhen, where prices rose 47.5 per cent.

Sydney was fourth with 19.9 per cent growth, and Wellington was 80th on 3.7 per cent.

In contrast, the official house price for mainstream residential markets rose 4.4 per cent.

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LIZ MCDONALD/FAIRFAX NZ
Auckland’s red-hot house prices have been recognised globally, again.

READ MORE VIA STUFF

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