The prices in real estate in Taihape, in the Manawatu-Whanganui region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per m² in Taihape has remained the same in the last 6 months. In November, the average price per m² was $3,462. In December this price pretty much remained the same at a value of $3,347 per m². In the following two months the price per m² has increased 109 %, going from $3,404.5 to $3,722 per m². The price per m² has decreased 93 % 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 $3,563.25 to $3,326 during March, and April.
Based upon to the price in Taihape (suburbs), these have remained the same in the last 6 months. In our first sample month during November, the average price is $472,200. In December This price remains at $486,417. In the following two months the average price has remained the same with regard to the previous two months from $479,308.5 to $484,190.5. During the last two months the average price has had a strong fall compared to the previous four going from $481,749.5 to $402,394, which means a 84 % fall.