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Reserve Bank continues to smash house prices

September 6, 2024 - 14:00 -- Admin

According to CoreLogic, home values across New Zealand fell by 0.5% in August, with Auckland seeing the biggest decline at 1.0%: On a quarterly basis, dwelling values declined by 2.2% across New Zealand, with falls recorded across all major markets: Home values have fallen 16.8% from their post-Covid peak, with Auckland (-21.8%) and Wellington (-21.5%)

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