The property research firm - formerly Corelogic - has released data showing the performance of suburbs around the country.
Over the three months to September, 56 percent of suburbs recorded falls in house prices.
But about 40 percent of these had falls of less than 1 percent.
In total, 33 percent of suburbs had house values drop at least 1 percent and 44 percent had values rise or remain flat.
Some areas had house price rises of more than 5 percent, including Cobden, in Grey District, Springs Junction, in Buller and Alton in South Taranaki.
Declines of nearly 4 percent were recorded in Takapuna and Clevedon, in Auckland.
Chief property economist Kelvin Davidson said there were similar trends for flats and townhouses.
The biggest falls, of more than 5 percent, in townhouse prices were in areas such as Otangarei in Whangarei, Taihape, Inglewood and Paihia.
But places such as Queenstown Hill, Brighton in Dunedin, central Whangarei and Huntington in Hamilton had townhouse price rises of 5 percent or more.
https://www.rnz.co.nz/news/national/574034/where-house-prices-are-rising
|