Home Prices in New Zealand Dip as Buyers Wait for Lower Rates
Home prices in New Zealand have seen a decline as buyers take a cautious approach, waiting for interest rates to drop before making purchases. The housing market has cooled down with reduced buyer demand, largely due to high borrowing costs. While some regions have experienced more significant price drops, the overall trend reflects a shift in market sentiment, with many buyers holding out for more favorable financial conditions in the near future.
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