News | Upper South Island
29 Apr 2024 11:39
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      Home > News > National > Upper South Island

    Wellington's housing market is ending the year on an upwards trajectory

    Wellington's housing market is ending the year on an upwards trajectory


    Latest One Roof Valocity figures show the nationwide average property value has jumped two percent in the past three months, to reach 968-thousand-dollars.

    Wellington prices are up two percent -- while Auckland'S are up 2.5 and Canterbury's are up 1.7.

    OneRoof Editor Owen Vaughan says interest rates are still inhibiting price growth.

    He says while we've dusted ourselves off and we're getting back on our feet, we're not seeing the rampant growth we saw during the boom time.

    © 2024 Newstalk ZB, NZCity

     Other Upper South Island News
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