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Property asking prices at new high

Ever wondered why so many of the worlds wealthiest people have huge property portfolios or made their money through Real Estate?

Because property does what the article below describes time after time.

Are you on the property ladder for anything more than your own home? If not, why not?

The average asking price for properties in New Zealand hit a new high last month and there was a healthy increase in new listings.

According to data released today by realestate.co.nz, the national average asking price in October was $482,063, up from $466,526 the month before, itself a record.

via Property asking prices at new high – Property – NZ Herald News.