New Zealand residential property values have climbed at the fastest pace in nine months, led by strong demand in Auckland.

National property values rose 7.7 per cent over the past year to March, accelerating from the 6.4 per cent increase in February. It’s the fastest pace since last June, according to state-owned valuer Quotable Value. Auckland, the country’s most populous and fastest growing city, led the QV index higher, with…