Property prices still on hold

The New Zealand property market continues its holding patterns as we wait for an election outcome, new figures from Trade Me Property’s Price Index shows.

Head of Trade Me Property Nigel Jeffries said the average asking price for a typical Kiwi house has stalled for a second month, up a minuscule 1.1% year-on-year in September and down 1% on August to $607,400.

The New Zealand property market continues its holding patterns as we wait for an election outcome, new figures from Trade Me Property’s Price Index shows.

Head of Trade Me Property Nigel Jeffries said the average asking price for a typical Kiwi house has stalled for a second month, up a minuscule 1.1% year-on-year in September and down 1% on August to $607,400.

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