Feature article
There's been a shake-up in NZ's million-dollar property club
While some regions have seen property prices fall, others are booming.
AI summary
New Zealand's million-dollar property club saw a significant shake-up in December. Auckland City, Central Otago, and Tasman all saw average prices dip below the $1M mark.
Conversely, both Franklin and Tauranga rejoined the exclusive club after crossing the million-dollar threshold.
This shifting market presents opportunities for buyers, with some regions like Gisborne and Wellington hitting multi-year price lows, making it an opportune time for some to enter the market.
Goodbye to the million-dollar club
New members of the $1M club
Opportunities: Five-year lows
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