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New Zealand's property market sees a 17% jump in listings, reaching a five-year high in January.
New Zealand's property market is seeing a rapid recovery, with Trade Me Property reporting a 17% increase in residential listings in January compared to last year, reaching a five-year high.
Audience views on the platform are up 11% nationwide.
Gavin Lloyd, Trade Me Property's Customer Director, attributes the surge to recent interest rate cuts and growing consumer interest.
The national average asking price decreased by 0.8% to $842,900 in January.
Regions like Gisborne and the West Coast experienced significant price increases.
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El mercado inmobiliario de Nueva Zelanda ve un aumento del 17% en los listados, alcanzando un máximo de cinco años en enero.