Twice as many Aucklanders losing money on their homes - News Summed Up

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Twice as many Aucklanders losing money on their homes


Estimates from Homes.co.nz indicate 2019 is starting slowly for property prices in some of the most sought after school zones. STREETVIEW One Auckland property, on East Coast Road, was bought for $2.5 million in September 2017 and sold in January for $2m. By comparison, only 1.6 per cent of Wellington sales this year were at a loss and only 0.8 per cent of sales in Dunedin. One Auckland property, on East Coast Road, was bought for $2.5 million in September 2017 and sold in January for $2m. Another, on Macleans Road, sold for $1.739m in January after changing hands for $2.15m in 2016.


Source: Stuff April 03, 2019 15:56 UTC



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