Kiernan noted prices were still lower than a year ago across much of the North Island, including falls of 3.6% in Gisborne and 2.9% in Wellington. He also noted the February data referred to the period before the conflict in the Middle East broke out. “Nervousness about how the conflict could impact the economy here will add to the sense of caution among buyers in the coming months.”
Author: Liam Dann
Published at: 2026-03-15 22:55:57
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