New property price figures out today suggest the market could be bottoming out.
CoreLogic's interactive Mapping the Market tool shows that around twelve percent 12% of the suburbs it tracks saw increases in median value over the past three months.
The trend has been most pronounced in Northland and the Kaipara District.
But hundreds of other suburbs, especially in areas such as Wellington, remain "soft".
Kelvin Davidson is the chief property economist at CoreLogic.
He spoke with Ingrid Hipkiss.
