Auckland CVs: Home owners face more delays for new property valuations

Auckland home owners’ property valuations have been delayed due to a Valuer-General audit requiring additional work for consistency in data and zoning. The new valuations, reflecting May 2024 market values, are crucial for setting future rates and facilitating buying and selling of houses. The release of these valuations has been postponed multiple times, with homeowners now facing a potential 18-month delay in receiving updated property values.

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