Rapid slowdown in subdued home market
The housing market is slowing down rapidly, with properties on the market longer, the number of sales [downward], and average prices almost static last month, according to Quotable Value.
Ref. https://www.stuff.co.nz/4431982a11.html
Radical plans for cheaper housing
Big construction companies could build entire subdivisions with just one building consent under radical proposals to make houses more affordable for first-home buyers.
Ref. https://www.stuff.co.nz/4449416a10.html
Discounts on offer to home buyers
Juliet and Ashton Jones are desperate to sell, but the Wellington couple will probably have to accept a reduced price to move their property quickly.
Ref. https://www.stuff.co.nz/4615973a10.html