News | Upper South Island
3 Dec 2025 12:46
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  •   Home > News > National > Upper South Island

    Good news for house-buyers in Canterbury and the West Coast

    Good news for house-buyers in Canterbury and the West Coast


    The latest Massey Home Affordability Report shows Canterbury and Westland have experienced the most significant improvement in housing affordability in the past year - at 9.3 percent.

    This was followed by the country's least affordable regions, with Auckland showing an improvement of 7.5 percent and the Central Otago Lakes of 5.3 percent.

    Northland faces the greatest decline in housing affordability, at 16.1 percent.

    The report says a 6.5 percent increase in national median house price has been partially offset by a small decrease in mortgage rates and steady wage increases.

    © 2025 Newstalk ZB, NZCity

     Other Upper South Island News
     02 Dec: Kiwis and former Melbourne Storm prop Nelson Asofa-Solomona is set to pursue his dream of becoming a champion heavyweight boxer
     27 Nov: State Highway 1 between Kaikoura and Blenheim is likely to be closed for several hours after a fatal motorcycle crash
     22 Nov: The West Indies have lost three wickets but are scoring at a respectable rate in today's final one-day dead rubber at Seddon Park in Hamilton
     20 Nov: A fire has closed a rubbish transfer station in Blenheim
     15 Nov: A Nelson court's found a woman not guilty by reason of insanity in a body-tampering case, after police found a dead man on his deck with what appeared to be a 'shrine' around his body
     11 Nov: A very large Sauvignon Blanc harvest is hurting Marlborough wine makers' pockets
     10 Nov: A brief moment to reflect for Black Caps leg spinner Ish Sodhi in between games three and four of their T20 series against the West Indies in Nelson
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     Today's News

    Environment:
    Much of the upper North Island remains under a Severe Thunderstorm Watch until tonight 12:27

    Law and Order:
    Dunedin Police have seized 820-kilograms of pounamu - after searches on Monday 11:57

    International:
    End to war in Ukraine 'no closer' after US-Russia talks 11:27

    National:
    Giving men a common antidepressant could help tackle domestic violence: world-first study 11:17

    International:
    More than 50 couples marry in mass Gaza wedding after two years of Israeli attacks 11:17

    Politics:
    A majority of people are meeting the demands that go with drawing a benefit 11:07

    Business:
    The fall in global dairy prices continues 10:47

    Basketball:
    Izayah Le'afa unknowingly played through a stress fractured foot in the Tall Blacks basketball World Cup qualifier loss to Australia in Wellington 10:27

    International:
    MPs to probe Crown Estate property portfolio after Mountbatten-Windsor lease revelations 10:27

    National:
    When did people first arrive in Australasia? New archaeogenetics study dates it to 60,000 years ago 10:27


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