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Queenstown-Lakes Tops South Island Housing Market Growth

6/1/2025

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Story summary
  • Queenstown-Lakes leads South Island markets with robust house price growth compared to the North Island.
  • Lower interest rates and diverse housing options favor first-time buyers.
  • New Zealand's average property values increased by 2.7% since June 2023, with Wellington experiencing notable declines.
  • Christchurch and Queenstown-Lakes excel due to their affordability and strong demand.