News | Business
18 Mar 2025 19:12
NZCity News
NZCity CalculatorReturn to NZCity

  • Start Page
  • Personalise
  • News
  • Sport
  • Weather
  • Shopping
  • Jobs
  • Horoscopes
  • Lotto Results
  • Photo Gallery
  • Site Gallery
  • TVNow
  • Dating
  • SearchNZ
  • NZSearch
  • Crime.co.nz
  • RugbyLeague
  • Make Home
  • About NZCity
  • Contact NZCity
  • Your Privacy
  • Advertising
  • Login
  • Join for Free

  •   Home > News > Business

    House prices remain well below what they were a few years ago, particularly in Auckland and Wellington

    House prices remain well below what they were a few years ago, particularly in Auckland and Wellington

    17 March 2025
    The Real Estate Institute's House Price Index has now fallen 14.5 percent, since house prices reached record highs in 2021.

    Prices in Wellington are down 23-percent from their peak.

    Prices in Auckland are down 20.5 percent, with agents there "hoping" for a "steady improvement" in sales and prices, as interest rates continue to fall.

    Prices in Canterbury are down 3-percent.

    The national median house price is now 772-thousand, down 2.4 percent on this time last year.

    © 2025 Newstalk ZB, NZCity


     Other Business News
     18 Mar: Auckland's local boards are off the hook for now, on bearing the brunt of a multi-million-dollar deficit
     18 Mar: Fiscal services are being urged to reach out to younger generations struggling with money
     18 Mar: Dairy farmers could be in for two consecutively good seasons for the first time in 25 years
     18 Mar: Dairy farmers are being urged to pay down debt, while they're in a good position to do so
     17 Mar: Consumers are in for a power bill price hike
     17 Mar: Homeowners shouldn't expect their property's value to rise drastically any time soon
     17 Mar: Job ads mentioning options to work from home are dropping
     Top Stories

    RUGBY RUGBY
    Blues midfielder Rieko Ioane admits he's been copping flack from his teammates after snapping his try-scoring drought in Super Rugby More...


    BUSINESS BUSINESS
    Auckland's local boards are off the hook for now, on bearing the brunt of a multi-million-dollar deficit More...



     Today's News

    Business:
    Auckland's local boards are off the hook for now, on bearing the brunt of a multi-million-dollar deficit 19:07

    Living & Travel:
    All Whites midfielder Marko Stamenic is standing on the cusp of a career dream as he attempts to qualify his country for the FIFA World Cup 18:57

    Entertainment:
    Reese Witherspoon was "filled with joy" when she learned that her children had taken her life advice 18:44

    Rugby League:
    The Warriors have named an unchanged 17 for Friday's NRL encounter with the Roosters at Mt Smart 18:37

    Entertainment:
    BBC Gaza documentary: how an editorial blame game overshadowed an important film and destroyed trust 18:18

    International:
    What is an 'autopen' and do Trump's claims about Joe Biden's use of it stack up? 18:18

    Entertainment:
    Christina Ricci is still "very influenced" by Wednesday Addams 18:14

    Law and Order:
    An Auckland man has been charged with mishandling burials at Waikumete Cemetery - on top of an earlier charge 18:07

    Entertainment:
    Chrishell Stause's family plans have been on a "bumpy road" 17:44

    Rugby:
    Blues midfielder Rieko Ioane admits he's been copping flack from his teammates after snapping his try-scoring drought in Super Rugby 17:37


     News Search






    Power Search


    © 2025 New Zealand City Ltd