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1 May 2024 6:25
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  •   Home > News > Business

    The country's property market is improving, slowly - but sales prices are a mixed bag across the country

    The country's property market is improving, slowly - but sales prices are a mixed bag across the country


    The Real Estate Institute's latest monthly property report shows an increase in listings month-on-month, in every region.

    The median house sale price remains at 795-thousand dollars -- down 2.8-percent from last October.

    Wellington has recorded 17 consecutive months of median price decreases, year-on-year

    Institute Chief Executive Jen Baird says prices in Wellington are down 4.6 percent year on year - saying it's been a fairly slow market for some time now.

    © 2024 Newstalk ZB, NZCity

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