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Update · 07:22 pm AEST · 29 August 2026

NZ lessons for worried Australian real estate agents
Photograph: RNZ business (NZ)

Australian house prices dropped 0.7% in July and 1.9% over the quarter amid a reported market downturn, RNZ reports.

Australian real estate agents have taken to social media to discuss the struggles, with agent Liam Cromarty warning buyers in an Instagram video against lowball offers, RNZ business (NZ) reports.

NZ lessons for worried Australian real estate agents New Zealand real estate salespeople may be able to offer pointers to their Australian counterparts, as they go through possibly their most significant market downturn in recent years. rnz.co.nz
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