
NZ Property Market Update (June)
Property prices are up just 2.6% since the bottom of the market. That’s for the whole country.
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Property prices are up just 2.6% since the bottom of the market. That’s for the whole country.
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Are we at the bottom of the market? Well, the true bottom of the market was 2 years ago (May 2023). That’s when house prices were at their lowest.
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Over the last 12 months New Zealand property prices are down 0.7%. That includes that a 0.6% decrease in March.
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Over the last 12 months New Zealand property prices are down 1.2%. But they’ve gone up 0.6% in the last 3 months.
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