According to CoreLogic data, house price falls gathered pace in July 2022, with prices down in over 80% of suburbs nationwide.
Waikawa Beach, a small town in Manawatū-Whanganui, had the largest fall with prices down 9.3% to $703,500. In dollar terms, that was a decline of $72,550.
Manakau and Ohau in Manawatū-Whanganui … had drops of over 8%.
Source: The suburbs bucking the housing market downturn | Stuff.co.nz, 16 September 2022.