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13 Mar 2025 13:38
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      Home > News > Business

    The first step on the property ladder keeps getting harder for first home buyers

    The first step on the property ladder keeps getting harder for first home buyers


    The latest QV Index shows major price hikes in first home values in the cheapest parts of the country - including a 72 percent lift in the Ruapehu district over the past year.

    Palmerston North, Napier and the Hutt City have also jumped 30 percent or more.

    General Manager of QV David Nagel says it's down to supply and demand.

    He says everyone is snapping up affordable houses while they still can.

    © 2025 Newstalk ZB, NZCity

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     Today's News

    		 Entertainment:
    Luke Combs recently suffered his "worst flare-up" of obsessive-compulsive disorder (OCD) in years 13:35

     Business:
    Renewable electricity generation hit highs in the last quarter 13:27

     National:
    Curious Kids: what was the biggest dinosaur that ever lived? 13:07

     General:
    Charlotte Wilson wins FIS Freestyle World Cup dual moguls gold at Olympic test event 13:07

     Accident and Emergency:
    A person's been airlifted to hospital after a serious crash on the Coromandel Peninsula this morning 13:07

     Entertainment:
    Khloe and Kourtney Kardashian found it "challenging" to have their mom as their manager 13:05

     Rugby:
    Beauden Barrett's expected to be out for the next month with his broken hand suffered against the Brumbies 12:47

     International:
    Power bills to rise yet again from mid-year as federal election looms 12:47

     Accident and Emergency:
    And a truck crash has closed part of State Highway one in South Waikato 12:27

     Law and Order:
    Rodrigo Duterte in custody of International Criminal Court on crimes against humanity charges 11:47

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