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flag New Zealand's median home value dropped by 3.9% in 2024, signaling a stabilizing housing market.

flag New Zealand's median home value fell by 3.9% in 2024, reaching $803,624, a drop of about $32,200 from the previous year. flag Despite overall declines, there are signs the market may be stabilizing, with a slowdown in the rate of decline. flag Auckland and Wellington faced significant drops, while some regional cities saw minor growth. flag Factors like lower mortgage rates and a sluggish economy could continue to affect the market in 2025.

3 months ago
22 Articles