New data from the Real Estate Institute shows sales activity around the city in the six months to the end of March, compared to the same time the year before. READ MORE:* Ōtāhuhu, Henderson are top suburbs for millennials in Auckland, Real Estate Institute says* Did my real estate agent rip me off? * Auckland, Christchurch properties worth less than CVLong Bay was in third place, with a price drop of 24.8 per cent. ​Bindi Norwell, Real Estate Institure chief executive said Takapuna was often popular. "However, the complicating factor is the high levels of housing unaffordability in Auckland, which has been the driver of lower prices recently.

Source: Stuff April 23, 2019 22:41 UTC