
EP: 2335
Auckland No Longer Most Expensive City in NZ⎟Ep. 2335
Headlines are claiming Auckland has been "dethroned" as New Zealand's most expensive property market — with the Bay of Plenty now taking the crown. But is that actually true?
In this episode, Ed and Andrew dig into the data behind the headlines. The short answer: no, Auckland is still the most expensive place to buy. The median sale price in Auckland is still $150,000 higher than the Bay of Plenty. So what's going on?
You'll learn:
-The difference between asking prices and sale prices — and why it matters
-Why the mix of properties listed can completely skew the numbers
-Which city has actually been more expensive than Auckland for most of the last 33 years
-Why this headline might really be a sign that Auckland has gotten cheap
Property headlines love drama. This episode gives you the facts.
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