House prices soar across Northland due to demand
7 Jan, 2021 05:00 PM
5 minutes to read
Cecilio Martinez and wife Grace were among those who bought a house in Raumanga which recorded the highest percentage increase in house values.
Photo / Michael Cunningham
Imran Ali is a reporter for the Northern Advocateimran.ali@nzme.co.nznorthernadvocat
Soaring house prices across Northland due to demand are forcing first home buyers to adjust their expectations and look at buying in suburbs they previously would not have considered. Figures from CoreLogic shows the Whangārei suburb of Raumanga recorded the highest percentage increase in house values last year at 17.7 per cent, followed by Ruawai in Kaipara (16.2 per cent), and Kensington, Whangārei, (15.9 per cent) coming in third.