Friday, May 11, 2012

House Prices in New Zealand - April Update

Here are the latest median house price figures for New Zealand. April saw a small two ounce shift in favour of gold (ie. it took two ounces of gold less in April than March to buy the median priced house) for New Zealand overall and Auckland.

House values in Auckland have dropped 60% from the highs in May, 2005 as measured against gold ounces

Gold in New Zealand dollars: $2034.73 per oz
Previous all-time high: $2311.02 per oz (15 Nov, 2011)

Silver in New Zealand dollars: $37.05 per oz
Previous all-time high: $59.19
per oz (30 Apr, 2011)

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