Big property deals down

  • The value of big real estate transactions has dropped but an expert says that does not spell a slump.

Chris Dibble, Colliers International’s research and consulting director, put out the annual Capital Markets Report showing declining sales values.

The highest year on record was 2014, when $10.1 billion of New Zealand properties fetching more than $20 million changed hands.

READ MORE VIA NZHERALD

BIG

The value of big real estate transactions has dropped but an expert says that does not spell a slump. Photo / Brett Phibbs

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