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BUSINESSBloomberg Markets·1h ago

New Zealand House Prices Fall to Lowest Since Early 2021

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New Zealand home prices fell to their lowest level since early 2021 in September. This ongoing slump, which began in 2022, is negatively impacting the country's economic recovery.

New Zealand’s home prices dropped to the lowest in more than five and a half years in September, prolonging a slump that began in early 2022 and clouding the outlook for domestic demand as a driver of economic recovery.

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