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Property Market: Hold Onto Your Properties
Published 6 days, 10 hours ago
Description
Property market signals remain mixed; home sellers still profiting, but at lower averages. Auckland and Wellington sellers face losses, but long-term holders benefit. Buyers may find more opportunities due to shaky values. Mortgage rates rising and economic slowdown pose challenges for quick buyers and sellers. Declining sales volumes and potential consumer spending pullback add to market uncertainty.
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