Auckland House Prices Just Hit a 6-Year Low - But The South Island Is Booming
For years, buyers have complained the property market wasn’t on their side - but that has just changed in a way New Zealand hasn’t seen in six years.
Auckland’s average asking price has dropped under $1 million for the first time since 2020, and with 34,000 houses on the market across the country, buyers have serious choice and negotiating power.
But while listings pile up and prices stay flat, why is a full-blown property crash still off the cards?
Vanessa Williams from http://realestate.co.nz joins Frances Cook on Making Cents to break down the latest property data and reveal what is…
The skinny
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