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Wealthy Kiwis returning from overseas to settle back home are contributing to the increasing prices of houses throughout the country.

Latest figures from the housing market show prices increased again in April, bringing the total national increase in house values to 3.1 per cent in the past year.

Bayleys realtor Graham Wallace, who deals with properties in Auckland's highly sought-after "leafy'' eastern suburbs, says that there is definitely an increase in expat buyers.

"I can tell you on every property, I would have at least three or four expat Kiwis.

"They're professionals, they've done very, very well and they're bringing the money they've made and their families back to New Zealand.''

Mr Wallace said expat buyers were looking to return to New Zealand for its family-friendly lifestyle.

Auckland QV valuer Glenda Whitehead said prices in the Auckland area, which increased by 5 per cent over 12 months, had also been affected by eager buyers keen to outbid one another at auctions.

"There are not that many properties on the market at the moment, so when something comes up that ticks everybody's boxes, they're all on to it like nothing on Earth.

"They get along to the auction and get a bit excited, and they might have a valuation or advice, say, of $800,000 and think, `I'll go to $850,000'.''

Ms Whitehead said buyers had been known to get carried away at auctions.

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Rich expats drive up house prices