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Miriam Bell
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Return to a “realistic” market

Monday 11th of January 2016

In 2015, New Zealand’s property market, led by the skyrocketing Auckland market, reached new price heights.

But now this appears to be changing – with the latest data showing that the Auckland market has levelled off.

Commentators are divided over what the prognosis for the longer term might be.

Barfoot & Thompson managing director Peter Thompson said their December sales data gave mixed messages as to where the Auckland market will head in 2016.

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