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16 Jul 2025 14:34
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  •   Home > News > Local Politics

    A property expert believes it's a good time to hold on to a property, as Wellington heads into local body elections later this year

    A property expert believes it's a good time to hold on to a property, as Wellington heads into local body elections later this year


    The latest Real Estate Institute House Price Index shows median prices in the capital are 25.6 percent below four years ago, and steadily falling.

    Tommy's Real Estate Agent Billy Bell says a local election and projected rates increases could test the capital's property market.

    He says the property market will come right - and when it does, it will be worth having a property.

    © 2025 Newstalk ZB, NZCity

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     Today's News

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    Entertainment:
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    Law and Order:
    Almost four years after a baby's body was found in an Auckland recycling plant, Police are still begging the family to come forward 13:27

    Education:
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    Entertainment:
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    Rugby League:
    Former Kiwis fullback Richie Barnett is understanding of the Warriors potentially choosing not to re-sign Te Maire Martin 13:07

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    Law and Order:
    The family of victims of a triple fatal crash in Waiuku, in Auckland's south are asking for privacy 13:07


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