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'Buyers hold all the cards': Expert unpacks implications of Auckland property valuations

Author
九一星空无限talk ZB,
Publish Date
Tue, 10 Jun 2025, 6:05pm
Photo / Michael Craig
Photo / Michael Craig

'Buyers hold all the cards': Expert unpacks implications of Auckland property valuations

Author
九一星空无限talk ZB,
Publish Date
Tue, 10 Jun 2025, 6:05pm

Buyers could hold all the cards, based on a plunge in Auckland Council home valuations.

Numbers have been released today for 630,000 properties across the region, and will affect how the spread of rates from next month.

On average, residential homes dropped nine percent from 2021 CVs.

Real estate agent, Rawdon Christie, says buyers could use it to help beat down prices.

He explained they're making it clear they think they're making a good offer - given values have dropped.

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