It wasn’t so long ago that the market was roaring ahead on the back of years of double-digit growth. Back in the summer of 2021, for example, Auckland had a median price of NZ$1.15 million , according to the Real Estate Institute of New Zealand , with a national median price of NZ$820,000 . This compared with a median price of €392,500 for Dublin and €265,000, nationally, at the time.
Last month, Reinz chief executive Jen Baird said: “It’s clear that current high interest rates combined with a tight economy are still influencing the market as buyers continue to act with caution while economic headwinds play out.” New Zealand: The national median house price in Aukland is at NZ$995,000 , according to latest figures for May.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer: