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17 Feb 2026 12:04
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  •   Home > News > Business

    Median house prices around the country are continuing to climb..

    Median house prices around the country are continuing to climb..


    Real Estate Institute figures show the national median went up 11.8 per cent to 615-thousand-dollars in the year to January 2020, with seven regions hitting record averages.

    Chief executive Bindi Norwell says it's driven by low interest rates and increasing consumer market confidence.

    She says there's also more urgency in the market - with the average sale period dropping from 48 to 42 days.

    © 2026 Newstalk ZB, NZCity

     Other Business News
     17 Feb: This week marks the anniversary of New Zealand's first frozen lamb shipment to the UK, 144 years ago
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     17 Feb: Retail confidence is at a two-year high - but full recovery is still to come
     16 Feb: Now's the time to buy for those looking to get on the property ladder
     16 Feb: Severe weather has impacted the housing market
     16 Feb: People didn't reach into their pockets as much as retailers hoped, over summer
     16 Feb: More evidence of an improving economy - from the amount of freight hitting our roads
     Top Stories

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    Irish rugby to investigate racial abuse towards Test debutant Edwin Edogbo More...


    BUSINESS BUSINESS
    This week marks the anniversary of New Zealand's first frozen lamb shipment to the UK, 144 years ago More...



     Today's News

    Entertainment:
    Kaley Cuoco's fiancé Tom Pelphrey has never watched her hit sitcom The Big Bang Theory 11:57

    Business:
    This week marks the anniversary of New Zealand's first frozen lamb shipment to the UK, 144 years ago 11:57

    Entertainment:
    Jo Wood has decided to stay single for now after failing to find a suitable man on dating apps 11:27

    National:
    What Thailand’s election means for the future of the country – and its beleaguered pro-democracy forces 11:17

    Rugby:
    Irish rugby to investigate racial abuse towards Test debutant Edwin Edogbo 11:17

    Business:
    Pharmacists have accepted a Health New Zealand pay offer 11:07

    Entertainment:
    Lucy Hale has sparked engagement rumours after she was spotted wearing a ring on her left hand during a recent coffee date with Phillip Lopez in Los Angeles 10:57

    Soccer:
    Lowly Macclesfield FC's run in the FA Cup has come to an end in deflating fashion 10:47

    Entertainment:
    Margot Robbie would've "risked it all" for Lord of Rings character Aragon during her teenage years 10:27

    National:
    Amazon’s Ring wanted to track your pets. It revealed the future of surveillance 10:27


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