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26 Apr 2024 23:46
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      Home > News > Business

    The latest Trade Me Property Price Index reveals a tale of two halves for prices across the country

    The latest Trade Me Property Price Index reveals a tale of two halves for prices across the country


    The May report shows no change in Auckland's average asking price when compared with May 2017 ... but record asking prices in six other regions.

    Hawke's Bay's average asking price lifted almost 18 percent to 534 hundred thousand dollars, while Taranaki and Marlborough's average increased around 13 percent.

    Head of Trade Me Property Nigel Jeffries says it comes down to more Super City residents seeking a better work-life balance.

    He says a number of Aucklanders are looking to the regions for investment properties, or to move their family there.

    © 2024 Newstalk ZB, NZCity

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    The Chiefs are preparing for a tough physical match-up, when they take on the Waratahs in Sydney More...

    BUSINESS BUSINESS
    New Zealanders saw the second-largest tax hike in the developed world last year More...


     Today's News

    		 Politics:
    Hospitals across the country have been asked to make millions in savings to bring them back to budget 21:57

     Law and Order:
    25 years after the murder of BBC presenter Jill Dando on her front doorstep, unanswered questions remain 21:47

     Environment:
    Fire and Emergency is urging the public to take extra care with controlled burns 21:17

     Rugby:
    The Chiefs are preparing for a tough physical match-up, when they take on the Waratahs in Sydney 18:57

     Rugby:
    The Chiefs are confident they'll be able to get a result in Sydney tonight without captain Luke Jacobson 18:37

     Business:
    New Zealanders saw the second-largest tax hike in the developed world last year 18:07

     Rugby:
    Confidence from the Crusaders coach, heading into tonight's must-win home game against the Melbourne Rebels in Christchurch 17:27

     Law and Order:
    Rose McGowan, Ashley Judd and others react to the overturning of Harvey Weinstein's 2020 rape conviction 17:27

     Environment:
    Severe thunderstorms are forecast for Canterbury this evening 16:58

     Rugby:
    The Crusaders coach isn't mincing his words about the Super Rugby Pacific champions' situation 16:58

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