10 Jun 2025

Property valuations drop for Auckland

From Checkpoint, 4:52 pm on 10 June 2025

Council valuations or CV's for Auckland's 630-thousand homes have decreased by an average of 9 percent. For many, the drop is unnerving and a tough pill to swallow, especially after the highs of 2021. But property experts have said the CV is just a taxation tool, and homeowners shouldn't let it influence their decisions. Felix Walton reports.