News

Asking prices fall $22k in four months

Monday 2nd of August 2010

The site's latest NZ Property Report shows cautious sellers were pricing new listings competitively to seek out buyers in a slow-paced property market.

Asking prices fell nearly $10,000 in July from $410,058 in June to $400,481 and are now back down to levels seen during both July 2009 and July 2008. Current asking prices also remain 6.7% below the peak of the market back in Octo...

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