News

West Coast joins the property price decline for the first time

Tuesday 20th of June 2023

For the past seven months, the national average asking price has fallen, including year-on-year drops in 14 of the 15 regions Trade Me monitors.

However, the West Coast, the country’s cheapest region, was an outlier, with asking prices continuing to increase despite drops everywhere else. That changed in May when the region’s average asking prices also dropped.

The a...

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