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flag Auckland's housing market surged in October with prices up 4.5% amid lower mortgage rates and spring.

flag In October, Auckland's housing market rebounded significantly due to lower mortgage interest rates, falling inflation, and the arrival of spring. flag Average property prices rose by 4.5% to $1,129,950, while the median price increased 2.2% to $955,000. flag New listings hit a record 2,361, reflecting increased vendor confidence. flag Despite a slight decrease in sales from September, overall activity surged, indicating a revitalized market.

6 months ago
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