The average New Zealand house price rose by $98 a day or nearly - TopicsExpress

The average New Zealand house price rose by $98 a day or nearly $700 a week over the past year, a new analysis shows. That means that many homeowners earned just $21 more than their house did in a day - the latest Statistics NZ figures show Kiwis earned a median daily wage of $119 (based on a seven-day week). But in some areas, such as the North Shore, prices surged even higher - to $289 a day, or $2028 a week - with houses earning $163 more than they did in a day (Aucklanders earned a median daily wage of $126). nzherald.co.nz/nz/news/article.cfm?c_id=1&objectid=11273708&ref=NZH_FBpage Photo / Dean Purcell

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