Young house hunters should give up

  • Last week’s property statistics were horrible for anyone hoping to get on the property ladder in Auckland, says Liam Dann.

On the surface they looked promising. But that hint of change in the market was really just a tease. It’s as if the market was trolling first home buyers. Quotable Value New Zealand data showed Auckland region prices fell 0.2 per cent in the three months to the end of March.

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Unless things change In the housing market, young house hunters should give up, Liam Dann writes. Photo / 123RF