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
The NZ property market has seen a significant shake-up in the million-dollar club. Auckland City, Central Otago, and Tasman saw average prices dip below $1M, while Franklin and Tauranga rejoined the prestigious group.
For buyers, this creates opportunities in several areas:
- Gisborne prices hit a five-year low.
- Wellington, Manukau City, and Rodney reached two-year lows.
This mixed market highlights diverse regional trends for buyers and sellers to consider.
Goodbye to the million-dollar club
New members of the $1M club
Opportunities: Five-year lows
Author
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