Dunedin home values rose 15.6% year on year and 5.3% over the past three months. The latest Quotable Value house price index data for February shows Dunedin home values rose 15.6% year on year and 5.3% over the past three months, the quarterly percentage gain being higher than Auckland's and Queenstown's. QV's Dunedin registered valuer Duncan Jack said the Dunedin market had continued to be buoyant. The separate Queenstown Lakes' $1.03million average is 51.1% higher than in 2007, while Dunedin's $359,629 average value is 25.6% higher for the same period. ''The nationwide average value is now 52.4% above the previous market peak of late 2007,'' she said.

Source: Otago Daily Times February 28, 2017 17:05 UTC