No reprieve for persistent property price falls
New Zealand’s housing market downturn continues to roll on, with CoreLogic recording a 0.3% fall in January, the 10th consecutive month of decline
Residential property values are 7.2% lower than a year ago, the biggest 12-month decline since May 2009 (-7.9%), although still smaller than the ‘worst’ of the GFC when prices fell 9.7% in the year to March 2009. Continue →