NZ Local News

Property sale volumes in Tauranga and Rotorua nose dive in 2023

Editor Written by Editor · 4 min read >

The housing market has taken a hammering in 2023. Photo / Felix Desmarais

The average values of residential properties in Tauranga have fallen 4.2 per cent compared to one year ago while the number of sales dropped by 15 per cent, new figures show.

average values had remained almost the same but its sale volumes had plummeted by 34 per cent.

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