Home sales price stable, investor borrowing drops

The median sales price of a typical Kiwi property has remained stable at $480k over the past 12 months – this is despite nationwide sales volumes dropping by 29.3% from a year ago, according to the latest Valocity regional insight report from the Property Institute of New Zealand.

The median sales price of a typical Kiwi property has remained stable at $480k over the past 12 months – this is despite nationwide sales volumes dropping by 29.3% from a year ago, according to the latest Valocity regional insight report from the Property Institute of New Zealand.

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