News Archives - New Zealand Property Guides

Property value in wealthy New Zealand suburbs falls by up to $300,000

It’s no secret that the New Zealand property market has been on a downward track this past year, with house prices continuing to fall from late 2022. However, we’ve just received news that values in some of the wealthiest suburbs in New Zealand recorded a fall in value by (in some cases) up to $300,000.

New Zealand house prices fall creating a buyer’s market

House prices continued to fall in New Zealand towards the tail end of 2022, making it the largest year-on-year drop since 2008.

New Zealand house prices fall by 7.5%

The Real Estate Institute of New Zealand (REINZ) has just announced that house prices have declined 12.7% in Auckland, the country’s largest city year on year, while the rest of the country fell 7.5%.

New Zealand to reopen borders to international travellers from next month

New Zealand’s borders have been closed to international travellers for more than two years as the country imposed one of the strictest Covid-19 lockdowns. But from next month, Australians will be able to enter, with the rest of the world soon to follow.