A new property price report shows the market is still favouring buyers, with a continued decline in the national average asking price.
The average price is down 7.2 percent from the start of the year at $921,187, and could fall to $890,000 dollars by Christmas.
The falling prices could be a worry for homeowners - but Vanessa Williams of realestate.co.nz argues the market is cooling, not crashing.
She spoke to Corin Dann.