{"id":20928,"date":"2019-09-06T10:20:15","date_gmt":"2019-09-05T22:20:15","guid":{"rendered":"https:\/\/propertynoise.co.nz\/au\/?p=20928"},"modified":"2019-09-06T10:20:15","modified_gmt":"2019-09-05T22:20:15","slug":"despite-falling-dwelling-values-theres-no-big-rise-in-sales-under-400000","status":"publish","type":"post","link":"https:\/\/propertynoise.co.nz\/au\/despite-falling-dwelling-values-theres-no-big-rise-in-sales-under-400000\/","title":{"rendered":"Despite falling dwelling values, there\u2019s no big rise in sales under $400,000"},"content":{"rendered":"

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PHOTO: House\u00a0sales<\/strong><\/p>\n

Throughout the 2018-19 financial year, 26.0% of all houses sold nationally were under $400,000 and 32.5% of all unit sales were under $400,000.<\/p>\n

Despite the weakening housing market the share of house sales under $400,000 was virtually unchanged from a year ago, down from 26.3% the previous year while the share of unit sales under $400,000 increased from 31.0% over the 2017-18 financial year.<\/p>\n

Click here<\/a>\u00a0to enlarge:<\/em><\/p>\n

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Source: CoreLogic\u00a0<\/em><\/p>\n

Across the combined capital cities, 13.9% of house sales over the 2018-19 financial year were under $400,000 and 24.6% of unit sales were under this price point.<\/p>\n

READ MORE VIA PROPERTY OBSERVER<\/p>\n