National average asking price virtually unchanged for over a year
Since January 2023, the national average asking price has remained stable. At $868,877, it is down a marginal 0.6% on April last year. The national average asking price has remained below $900,000 since December 2022, a significant decrease from the market peak in January 2022 when it exceeded $1 million.
“As we move into the winter months, we typically see a cooling market, and in 2024, this is combined with a softening economy. It will be interesting to see how these factors play out for the property market in the coming months,” says Sarah Wood, CEO of realestate.co.nz
✨ Wishing You a Magical Christmas & an Incredible 2025!🎄
As we say goodbye to 2024 we hope your year has been full of growth, achievements, and maybe even a little magic. ✨
Stay calm and stay safe (remember it's not what's under the tree but who is around the it). 🎄🧑🧑🧒🧒 👥.
Here’s to a 2025 filled with opportunity, joy, and lots of adventures!
Meri Kirihimete from our family to yours.
See you in the New Year!
#MeriKirihimete #MerryChristmas #Tauranga