Logo 17 Nov 2025

Housing prices fall at fastest pace in a year

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Homebuyer sentiment is still stuck in the gutter.
According to the stats bureau’s (NBS) October home price survey, published Friday:

Average new home prices fell 0.45% m/m, the biggest monthly decline in a year
Prices fell in 64 of 70 cities surveyed, up from 63 in September and 57 in August

Price...