News | Upper South Island
3 Nov 2025 12:48
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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
     26 Oct: A man's been sentenced to two months community detention and 12 months supervision - after assaulting a Nelson dairy owner over a pack of cigarettes
     24 Oct: A man will remain in custody after a standoff with Nelson police and allegedly threatening to blow up buildings
     23 Oct: A person's been arrested following a Police incident in Nelson
     23 Oct: Nelson Hospital's currently running on generator supply while the network power is being re-established
     23 Oct: Several thousand people have lost power across the upper half and west coast of the South Island
     22 Oct: Windy conditions look set to hang around, and pose a significant risk for fire affected areas
     19 Oct: State Highway 73 at Rocky Point, in the South Island's West Coast is reopen after a slip
     Top Stories

    RUGBY RUGBY
    Anxiousness among the All Blacks coaching cohort as they await a scan on Jordie Barrett's leg ahead of game two on their grand slam tour in Scotland More...

    BUSINESS BUSINESS
    Alarm bells as record numbers of people make KiwiSaver hardship withdrawals More...


     Today's News

    		 Rugby League:
    Tongan second rower Eli Katoa has thanked well wishers from his hospital bed after copping three head knocks during the loss to the Kiwis at Eden Park 12:37

     Law and Order:
    Thirty-one firearms have been seized and six firearms licences suspended, after illegal hunting activities in North Canterbury 12:27

     Rugby League:
    From our what-could-go-wrong desk.. 11:57

     Business:
    Alarm bells as record numbers of people make KiwiSaver hardship withdrawals 11:57

     Rugby:
    Anxiousness among the All Blacks coaching cohort as they await a scan on Jordie Barrett's leg ahead of game two on their grand slam tour in Scotland 11:07

     Rugby:
    The availability of Scott and Jordie Barrett for this weekend's All Blacks test against Scotland in Edinburgh will be decided overnight New Zealand time 10:27

     Politics:
    Auckland's Mayor is questioning the Northland Corridor's multibillion-dollar price tag 10:07

     Business:
    One of the country's largest KiwiSaver fund managers says its new company will make governments commit to infrastructure 9:47

     Politics:
    The Prime Minister says sweeping curriculum changes are vital to lift falling education standards 9:27

     Health & Safety:
    Health New Zealand's concerned measles could become widespread, despite vaccination rates picking up 8:47

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