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18 Oct 2025 7:28
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  •   Home > News > Business

    A summer boom and market pressures could see record housing prices continue

    A summer boom and market pressures could see record housing prices continue


    Real Estate Institute data shows new highs last month, with the national median now 607-thousand-500-dollars - the first time the bar's passed 600-thousand.

    Chief executive Bindi Norwell says it's due to a regional boom - with six regions breaking their own record median prices.

    She says summer's a busy time for real estate - which could increase pressure in the regional market.

    © 2025 Newstalk ZB, NZCity

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     17 Oct: A first of it's kind commercial seaweed bio-refinery in opening in Waikato's Paeroa today
     17 Oct: Fears interest rate cuts might've gone too far
     17 Oct: A warning the Reserve Bank is walking a fine line
     17 Oct: Fears inflation could come back into the picture as the OCR falls
     17 Oct: The effects of last week's 50 basis point OCR cut, probably won't be felt until next year - by which point the economy will already be growing
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