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Market Impact: 0.38
New Zealand House Prices Fall to Lowest Since Early 2021
Source: Bloomberg
Housing & Real EstateConsumer Demand & RetailEconomic Data
New Zealand home prices fell in September to their lowest level in more than 5.5 years, extending a housing downturn that began in early 2022. The continued price slump clouds the outlook for household demand and its ability to support the domestic economic recovery.
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