News | Upper South Island
9 Feb 2026 12:02
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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.

    © 2026 Newstalk ZB, NZCity

     Other Upper South Island News
     04 Feb: A moderate magnitude 4.2 earthquake has struck the top of the South Island
     03 Feb: The Office of the Auditor General's quashed claims about Health New Zealand removing patients from waitlists in Nelson
     02 Feb: A cyclist's died after colliding with a car on State Highway 1 near Marlborough's Grassmere this morning
     30 Jan: Insurers are getting increasingly sophisticated about where they offer cover - particularly in areas most affected by climate risks
     30 Jan: The West Coast Regional Council is upping their game on flood protection - to ensure Westport can continue to insure their homes
     29 Jan: A person has died in a crash on Nelson Road, east of Taupaki in Auckland's Rodney
     27 Jan: A person's moderately injured after a ute drove off State Highway 6 and crashed - on Lower Buller Gorge Road
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    Law and Order:
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