Auckland Property Prices Remain Flat as Property Sellers Wait

As the average house price prices in areas outside the three major cities in New Zealand hit a record high of $500,000, it appears sellers in Auckland have little to celebrate. The serious slump in Auckland Property Prices, the market has been stealing headlines, despite its median value being over $700,000. And this has forced them to adopt the proverbial “wait-and-see” tactic. According to the Head of Trade Me Property Nigel Jeffries, virtually all areas in the country have experienced excellent ...