Tauranga house prices declined a little over the past three months but are still up on this time last year, according to new figures.
The average Tauranga house value decreased by 0.1 per cent to $686,759, according to Quotable Value. The national average was $646,378.
QV Tauranga spokeswoman Melanie Lewis said the Tauranga and Western Bay markets continued to perform at a steadier pace than previous months.
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"High-end desirable family locations such as Mount Maunganui and Bethlehem continue to be popular both with new people moving into the area and locals upsizing.
"Demand from investors appears to have dropped off, concurrently, however, rent prices have stabilised."