Realestate.co.nz said the average asking price for a house in New Zealand had risen above $700,000 for the first time since records began 13 years ago.
The average asking price is not a valuation, but an indication of current market sentiment.
Spokeswoman Vanessa Taylor said regional New Zealand led the charge, with five showing substantial increases in average asking prices.
"Of the 12 months last year, 10 of those saw all-time high asking prices. Nelson wasn't too far behind that but Manawatū, Whanganui continues to see that drive and hive of activity in the area."
Taylor said the figures also showed the total homes available for sale hit a record low. Data shows there were 24.5% less homes available for sale than in December 2018.
With only 18,230 properties available for sale around the country, the last time a low close to this was in July 2016 when housing stock dropped to 20,682.
By comparison, the last recorded national stock high was in April 2008, when there were 59,795 total homes available for sale nationwide.
