Auckland real estate trucking along just fine.
Those worried that the Auckland market is in decline might want to read this http://www.sharechat.co.nz/article/8...-in-augusthtml
Labour has already stated that the family home will be exempt from any possible future CGT. I think SUM people, (perhaps currently shut out of the real estate market due to unaffordability) are getting a little over optimistic with their hopes for a 10-15% decline. Besides that if they campaign the next election on the basis of a CGT that's the end of this government's term of "governance"