Key Points:

    • Auctions down, negotiated sales up
    • 503 Auckland agents leave since 2017
    • Prices flat to falling since 2016
    • 5 Shore suburbs lead NZ value drops
    • Sales volumes at 11-year low

    What's going on in the confusing Auckland housing market? Is now the right time to buy or sell? Are plateauing prices helping first-time buyers? If you must sell now, how to ensure success? One for-sale property shows how the city's multi-billion-dollar market has changed lately.

    A ragged banana palm flaps in the overgrown Ponsonby back yard, a leaning clothesline spins alongside the down-on-its-luck little villa