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flag In New Zealand, nearly half of homes bought in 2020-2021 are now being relisted at a loss.

flag In some parts of New Zealand, nearly half of the homes bought in 2020 and 2021 are now being listed for sale for less than their original purchase price. flag Lower Hutt sees the highest rate at 55.9%, while other cities like Wellington, Manukau, and central Auckland have similar trends. flag Despite this, CoreLogic's Nick Goodall notes that the overall number of such sales is small, and many homeowners are waiting for better market conditions before selling.

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