New Zealand’s continues to see a decline in the average housing prices

According to Quotable Value (QV), the average value of homes in Jan’23 was $934,761, indicating a decrease of $10,006 (-1.6%) since Dec’22 and $129,004 (-12.1%) since January last year. The Wellington Region saw the biggest decline in dollar terms over the year, with average values dropping by $222,749, followed by the Auckland Region with a …