News

Early signs of easing price pressure

Thursday 11th of August 2016

The latest Trade Me Property Price Index shows the national average asking price was up to a new high of $591,100 in July – but the rise was a mere $250, which means growth was static.

Head of Trade Me Property Nigel Jeffries said the market looked to be easing, as it had coasted along in July after its foot came off the gas in June.

“The average asking price is up 1...

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