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1 Sep 2025 6:34
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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

     Other Local Politics News
     30 Aug: Hobson's Pledge is defending its decision to use Rotorua's Mayor in its campaign against Maori wards, without her permission
     28 Aug: Tipa Mahuta has been elected unopposed to Waikato Regional Council, following the death of respected local Maxine Moana-uwhangai -- the only other candidate in the Nga Hau e Wha Maori constituency
     25 Aug: Concern that internal issues among gang members in Levin is spilling out into the community
     21 Aug: Christchurch councillors are keen for the city to become the home of the national Erebus Memorial
     19 Aug: Auckland Mayor Wayne Brown is welcoming an overhaul of the Building Act
     18 Aug: Concerns are mounting among senior figures at Auckland Council over delays in appointing an investment manager
     11 Aug: Feedback is open on a new draft Traffic and Parking Bylaw for the Queenstown Lakes District
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     Today's News

    Rugby League:
    NRL league's top-six has been decided - although the order could change in the final round of the regular season 6:27

    Motoring:
    State Highway 1 The Desert Road from across the central plateau is closed Rangipo to Waiouru 21:57

    Living & Travel:
    The wild weather's causing major disruptions to ground operations at Auckland Airport 21:17

    Accident and Emergency:
    A person's died at the scene of a single-vehicle crash in Hawkes Bay this afternoon 18:57

    International:
    No Spend September is kicking off on social media to help people save 18:37

    Rugby:
    Halfback Faf de Klerk will join the Springboks in Auckland ahead of Saturday's Rugby Championship contest against the All Blacks at Eden Park 18:37

    Auckland:
    There are reported injuries after a two car crash in Auckland's Stanmore Bay 18:07

    Motoring:
    NASCAR driver Shane van Gisbergen is relishing the bumper-to-bumper schedule of his new discipline 17:37

    Basketball:
    The Breakers battle the Cairns Taipans tonight in their second NBL Blitz preseason basketball match in Canberra 17:27

    Law and Order:
    A former Welsh rugby international is scoffing at the smart mouth guards used to detect a knock to the head 16:57


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