Interest.co.nz·2 min read·easy
Residential auctions activity slumps to a three year low
✦AI Summary
Residential auction activity in New Zealand has dropped to a three-year low as of early August. Factors contributing to the decline include harsh winter weather, rising mortgage interest rates, and economic uncertainty ahead of the upcoming general election.
Residential auction activity sank to a three year low at the beginning of August.
economybusiness
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