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News 2026-09-14 19:30 UTC

New Zealand housing market slows as buyers adopt wait-and-see approach

New Zealand home prices dipped in August as rising living costs and a stagnant job market weighed on buyer sentiment, prompting would-be buyers to adopt a 'wait-and-see' approach, the Real Estate Institute of New Zealand (REINZ) said on Tuesday.Seasonally adjusted median house prices fell 1.3% from…