What Does The Drop In The Rate Of Auckland House Prices Mean?
The prices of homes in New Zealand have been on a rapid rise. According to some sources, house prices have risen by 3.9%. But this is not the case for Auckland. For the first time in six years, house prices in Auckland have dropped. Over the years, Auckland house prices have been on the rise, but this year seems to be different. Within the last three months, house prices have been dropping by 0.5%. A big real estate agency reported that their average sales in October dropped to $830,000 ...