CoreLogic has shown that the annual growth rate has dropped by 0.4 per cent between October and November in their latest data.
It's the first drop since August last year.
Property listing is up in some parts of the country - 33 per cent more properties in the lower North Island compared with this time last year.
CoreLogic Head of Research Nick Goodall joined Mike Hosking.
LISTEN ABOVE
Take your Radio, Podcasts and Music with you
