Tauranga housing dip hints at nationwide slowdown in skyrocketing house prices — report
(WorldNews New Zealand)

The latest CoreLogic report is suggesting a slowdown in house price increases could be on its way, with analysts pointing to Tauranga as a potential signal after the region saw a 1.5 per cent drop in property values month-on-month. House keys (file picture). Source: istock.com Despite the short-term drop in Tauranga house prices in February, the region remained one of the most unaffordable in New Zealand. “In the broader context of 6.7 per cent growth over the last three months it`s too soon to call this a trend,” CoreLogic`s head of research Nick Goodall said. The region had also seen a 14 per cent growth in house prices compared to the...