Four homes – $43,000 lost in four months

Four properties, four months and $43,000 lost. That’s how much the weakening property market has slashed house prices in a Sunday Star-Times valuation investigation. We tracked four case-study houses in Auckland, Hamilton, Wellington and Christchurch, and asked Quotable Value to give us “before and after” estimates of their worth over a four-month period. The value […]

Auckland house prices drop over 5pc – report

Auckland’s largest real estate agency group, Barfoot and Thompson, has reported that its average sale price fell 5.3 per cent to NZ$497,479 in July from NZ$525,316 in June as sellers start to to adjust their price expectations. Barfoot and Thompson is the agent for about 40 per cent of house sales in Auckland, New Zealand’s […]