Housing market: October sales down 23.5% in a year as prices decline for fifth month

Housing market: October sales down 23.5% in a year as prices decline for fifth month

PremiumHome / PropertyAnne GibsonProperty Editor·NZ Herald·13 Nov, 2026 01:00 AM4 mins to read‌House sales fell 30% in Auckland in the latest year. Photo / 123rfHouse sales fell 30% in Auckland in the latest year. Photo / 123rfOctober was a “horror month” for the housing market, with prices declining for the fifth consecutive month and sales volumes down 30% in Auckland, according to Infometrics. “October was a horror month for the housing market, and it seems that record high petrol prices and uncertainty AdvertisementAdvertise with NZME.

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