9 minutes ago
Cotality's latest data shows a 0.1 percent increase in values in April.
About 1500 fewer homes have sold so far this year compared to the same time a year earlier, and there are warnings that softness is likely to continue.
Cotality has released its latest data, which shows a 0.1 percent increase in values in April. Christchurch and Dunedin showed resilience but areas such as Wellington and Auckland were still subdued.
Sales were 9 percent lower than the same month in 2025, the fourth fall in a row. So far this year, sales numbers are down about 5 percent compared to the same time in 2025.
