Business

New record house prices in Auckland

08:06 am on 14 November 2014

Auckland's housing market is continuing to break records with the latest median sale price now at $640,000.

The Real Estate Institute has released its summary of how the market performed last month.

The new Auckland median is up $3500 on the previous record, which was set in March.

The institute's chief executive, Helen O'Sullivan, said nationally 6600 homes were sold in October, up 11 percent on September but still down 2 percent compared with October 2013.