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Auckland's property market sees extreme price swings, with cheaper areas growing faster.
In 2024, Auckland's property market saw extreme price ranges, from a $50,000 apartment to a $20 million home.
The second most expensive sale was John Key's former Parnell residence for $16.3 million.
Fastest-moving markets were in cheaper areas like Wallacetown, Southland, with Murupara showing rapid growth.
CoreLogic notes that cheaper markets favor buyers, while high-value markets like Auckland have fewer listings.
Interest rates could fall further, impacting debt-to-income ratios.
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El mercado inmobiliario de Auckland ve oscilaciones de precios extremas, con áreas más baratas creciendo más rápido.