NZ housing market stumbles as Auckland and national prices decline again – NZ Herald 6 June 2024

Summarised by Centrist

The housing market rally in New Zealand has hit a setback, with Auckland and national property prices falling for the second consecutive month. Auckland’s average home value decreased by 0.8% in May to $1.28 million, while national prices fell 0.2% to an average of $931,438, signifying a clear shift in market dynamics.

Read more over at NZ Herald

_{Image: Bernard Spragg. NZ}