Auckland suburbs


PHOTO: 123RF There are now no suburbs in Auckland with a median value of less than $500,000.

Anyone who’s been in the market for a first home in recent years would tell you that things have become tougher.

But new data from CoreLogic shows just how much more difficult it is to buy a house now compared to five years ago.

The research firm has released Mapping the Market, which shows the price movements since 2014 around New Zealand.

Five years ago, 71 per cent of all suburbs nationwide had a median value below $500,000. Today it is 44 per cent.