Thursday, 13 July 2017

Homeowners told 'don't panic' as Auckland house prices stall

Auckland led house prices up in the current boom - but experts are divided on whether it will lead them down again.

Until 2015, Auckland prices shot ahead while the rest of the country advanced more slowly.

But now Real Estate Institute figures show Auckland's median price is up just 2.5 per cent, year-on-year, while the rest of the country has advanced 11.4 per cent. Auckland prices dropped 0.8 per cent between May and June.

from
http://www.stuff.co.nz/business/property/94684331/Homeowners-told-don-t-panic-as-Auckland-house-prices-stall

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