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Re: [sharechat] Auckland House Prices

From:	"DR" <kat47@bigfoot.com>
Date:	Thu, 24 Jan 2002 20:48:05 +1300

Unfortunately all prices are "raw" data and do not account for upgrades, changes in size and effects of new construction on an area. I read somewhere that from time to time, University of Auckland does a survey of sales of houses where the property has sold two or more times when no changes have been made between sales. I understand that the results showed a disappointingly low capital appreciation if at all when inflation was allowed for.

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