The prices in real estate in Ngahinapouri, in the Waikato region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per m² in Ngahinapouri has had a strong decrease during the last 6 months. In November, the average price per m² was $5,782. In the following month the price per m² decreased considerably to . In the following two months the price per m² has barely changed, going from $2,891 to $2,885.5 per m². The price per m² has had a considerable increase of 244 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per m² of $2,888.25 to $7,038 during March, and April.
Based upon to the price in Ngahinapouri (suburbs), this has fallen considerably in the last 6 months. The average price for November is $1,583,000. During December the price had a considerable reduction till . During the following two months (January, February) the average price fell 92 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 202 % during the last two months.