Auckland property prices: Homeowners to get 'bombshell' valuations: new date out

Auckland homeowners can expect a "bombshell" rise in their council valuations when city-wide revaluations are released later this year, a property lawyer says.

City house prices have soared 35 per cent since the last valuations in 2017, with Auckland Council revealing it now expects to issue new valuations – officially known as capital values or CVs – this October.

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