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The average property value in more than 500 suburbs across NZ fell in the three months to the end of June, according to the latest data from the OneRoof-Valocity House Value Index.
That’s up from 322 suburbs in the three months to the end of May.
In the Mahurangi area, Omaha accounted for the biggest drop in property values, down $76,000.
It was one of only 20 suburbs across the country where the average property value dropped more than $50,000 over that period.
Mangawhai Heads recorded the biggest average gain in our area, up $105,000.
