New Zealand Property Downturn Appears to Be Near the Bottom

New Zealand Property Downturn Appears to Be Near the Bottom
Houses for sale and sold in central Auckland, New Zealand, on Nov. 25, 2015. Fiona Goodall/Getty Images
Rebecca Zhu
Updated:

New Zealand’s residential housing price slump may be nearing its end, but experts are warning that there is still a period of uncertainty and volatility ahead.

The latest data from Quotable Value’s (QV) House Price Index showed that falling home prices have slowed for the second month in a row.

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