House prices keep falling nationwide amid some signs of stabilisation

Wed, 12 Oct 2022

House prices nationwide fell another 0.7% in September, taking the annual decline to 8.1% and the fall from the peak last November to 12.6%.The number of sales was also down, despite the fact that last September the nation was in lockdown in the first week and Auckland was in lockdown for the full month.However, there are signs of growth in either sales or prices some markets. Sales fell 10.9% to 4,943 in September this year from 5,548 in September last year while sales excluding Auckland were down 20% – sales in Auckland rose 15.8%....

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