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10 Nov 2025 4:41
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      Home > News > Business

    House sales are picking up, as house prices continue to fall

    House sales are picking up, as house prices continue to fall


    Latest Real Estate Institute data shows the number of homes sold last month, was 12.8 percent higher than the same month last year.

    It's putting the change down to falling interest rates, along with lower house prices in many parts of the country.

    The national median house price has dropped another 1.4 percent in the past year.

    Auckland and Wellington are continuing to see sharper declines, while Canterbury's median price is flat.

    © 2025 Newstalk ZB, NZCity

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     Today's News

    		 Politics:
    Former Children's Commissioner and five-term National MP Roger McClay has died aged 80 4:37

     Accident and Emergency:
    Two crashes on the same road, including one involving a Police car responding to the first crash has forced the closure of a section of Upper Hutt's State Highway Two River Road 21:17

     Environment:
    Firefighters battle out-of-control blaze in New Zealand national park 21:07

     Living & Travel:
    A Tauranga soprano now based in Hamilton has won first prize in this years New Zealand Aria Competition held in Rotorua this weekend 18:57

     Environment:
    Severe storms are moving through Kaipara, Whangarei and the Far North during the next hour 18:37

     Motoring:
    Feelings of failure and being unseen. What it's like to be a stepmum 18:17

     Cricket:
    The Black Caps have once again held their nerve to win the third T20 international over the West Indies by nine runs in Nelson 18:07

     Rugby League:
    The Kiwi Ferns have been trounced 40-8 by the Australian Jillaroos in the women's Pacific Championships final in Sydney 17:27

     Rugby League:
    Esteemed Kiwis playmaker Kieran Foran believes the Pacific Championships could become league's pinnacle event 17:27

     Rugby League:
    Kiwis halfback Kieran Foran expects a sold-out CommBank Stadium in Parramatta to be blown away by the forward battle in today's Pacific Championship decider 16:57

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