The property market's remaining subdued with a suggestion it'll be a while until there's real growth in prices. 

Cotality data shows values on average fell by 0.4% over August, marking the fifth declining month in a row. 

It notes global geopolitical tensions, the OCR lifting, and the upcoming general election is contributing to market uncertainty. 

Real Estate Agent Rawdon Christie told Ryan Bridge the high amount of homes for sale is also probably supressing potential price increases. 

But he says they saw a pretty healthy August, as vendors are meeting the settled market where it's at. 

LISTEN ABOVE   

The property market's remaining subdued with a suggestion it'll be a while until there's real growth in prices.&nbsp;
Cotality data shows values on average fell by 0.4% over August, marking the fifth declining month in a row.&nbsp;
It notes global geopolitical tensions, the OCR lifting, and the upcoming general election is contributing to market uncertainty.&nbsp;
Real Estate Agent Rawdon Christie told Ryan Bridge the high amount of homes for sale is also probably supressing potential price increases.&nbsp;
But he says they saw a pretty healthy August, as vendors are meeting the settled market where it's at.&nbsp;
LISTEN ABOVE &nbsp;&nbsp;

A fresh and intelligent start to your day - catch the very latest international and domestic news developments, sport, entertainment and business on Early Edition with Ryan Bridge, on Newstalk ZB.

A fresh and intelligent start to your day - catch the very latest international and domestic news developments, sport, entertainment and business on Early Edition with Ryan Bridge, on Newstalk ZB.

Early Edition with Ryan Bridge

Rawdon Christie: Real Estate Agent on the state of the property market, Cotality data showing prices fell by 0.4% in August

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/da4195ab-5f81-4e63-8672-b4ba017c2c97/transcript