The prices in real estate in Oruanui, in the Oroua County region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per m² in Oruanui has fallen in the last 6 months. In November, the average price per m² was $2,803. In the following month the price per m² increased considerably to $4,378. In the following two months the price per m² has increased 114 %, going from $3,590.5 to $4,092 per m². The price per m² has had a considerable deflation of 0 % 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 $3,841.25 to during March, and April.
Based upon to the price in Oruanui (suburbs), this has fallen considerably in the last 6 months. The average price for November is $1,497,000. During December the price had a considerable reduction till $1,234,000. During the following two months (January, February) the average price had a considerable reduction of 72 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $1,177,375 to , which means a 0 % fall.