Auckland housing market experiences five consecutive months of negative growth, with average home value at $916,285, down 13.9% from peak in late 2021.
Auckland's house values fell 0.4% in February, 0.2% in March, 0.1% in April, 1.1% in May, and a further 1.4% in June, marking five consecutive months of negative growth. The Auckland housing market remains flat with homes in popular locations selling better than less desirable areas. With the average home value now at $916,285, it's still 2.8% higher than last year and 13.9% lower than the market's peak in late 2021.
July 08, 2024
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