PHOTO: 123RF Auckland prices were down 1.5 per cent for the year and 1.2 per cent in the quarter.
Sellers with small, more affordable houses have the best chance of selling them for a good price at the moment, new data indicates.
QV has released its latest statistics, which show residential property value growth slowing around the country.
Last April, values were up 7.6 per cent on the year before. Last month, they were only up 2.7 per cent. Auckland prices were down 1.5 per cent for the year and 1.2 per cent in the quarter.
QV’s values are based on sales that have been settled, so there can be a lag behind data such as the Real Estate Institute’s, which reports on deals that have gone unconditional.
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