Flood-risk homes defy analysts’ expectations, gain value faster than unaffected properties

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Photo / RNZ Houses in flood zones have risen 18% in value since 2020, data shows. Photo / RNZ By Kate Newton of RNZ Instead of avoiding homes at risk of flood, house-hunters are snapping them up at a discount, new data shows. Buyers’ taste for a bargain means growth in property values for houses in flood zones is currently outpacing nearby, unaffected areas. Analysts TOP