Trademe's Property Pulse Report Q3 2022

The national average asking price for a property has dropped for six consecutive months for the first time on record, according to the latest Trade Me Property Price Index.
​
In September, Trade Me Property Sales Director Gavin Lloyd said the national average asking price was $896,200. “When compared with the month prior, this marks a drop of $3,000 and puts New Zealand’s average property price at its lowest since October 2021.”

​Read Trademe's Property Pulse Report here.