Property prices fell 6.8% in the year to November, according to QV, but there are early signs that the market may be recovering with November's figures similar to those reported in October.
The current economic climate means there are plenty of motivated vendors out there and no shortage of mortgagee sales. Now could be a great time to buy!
Don't miss out this summer – make sure you click the 'Save this search' button after doing a search on Trade Me Property. You'll be emailed properties that match your search.
Source: Nielsen/NetRatings NZ Market Intelligence November 2008
P.S. Every property on the site now includes a handy six–figure unique ID. When you see a house you like that's advertised for sale with a Trade Me Property ID, note it down and search for it directly on the site.
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