News | Business
23 Feb 2026 12:55
NZCity News
NZCity CalculatorReturn to NZCity

  • Start Page
  • Personalise
  • Sport
  • Weather
  • Finance
  • Shopping
  • Jobs
  • Horoscopes
  • Lotto Results
  • Photo Gallery
  • Site Gallery
  • TVNow
  • Dating
  • SearchNZ
  • NZSearch
  • Crime.co.nz
  • RugbyLeague
  • Make Home
  • About NZCity
  • Contact NZCity
  • Your Privacy
  • Advertising
  • Login
  • Join for Free

  •   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
     23 Feb: A boost for the retail sector, as sales increase across the country
     23 Feb: Satellite imaging is now vital for disaster management. But there are dangerous gaps in our systems
     23 Feb: Business appears to be booming in most parts of the country
     23 Feb: Energy watchdog to force retailers to offer struggling customers help in overhaul
     22 Feb: Fifteen years on from the devastating Christchurch earthquake, belief light may finally be at the end of the tunnel
     22 Feb: Failure to prevent people living with intellectual disabilities from falling between the cracks
     21 Feb: Two dogs have been impounded by Christchurch Council Animal Management officers and three people are in hospital after an attack in the North West
     Top Stories

    RUGBY RUGBY
    Scrutiny in the Crusaders after their 50-24 Super Rugby loss to the Brumbies in Christchurch More...


    BUSINESS BUSINESS
    A boost for the retail sector, as sales increase across the country More...



     Today's News

    Hockey:
    The United States have beaten Canada 2-1 in overtime to win men's Olympics ice hockey gold for the first time in 46 years 12:27

    Business:
    A boost for the retail sector, as sales increase across the country 11:57

    Auckland:
    A person whose car flipped after hitting a tree in South Auckland last Tuesday - died on Thursday 11:17

    Business:
    Satellite imaging is now vital for disaster management. But there are dangerous gaps in our systems 11:17

    International:
    Micro-interventions to reduce stress in your day 11:17

    Athletics:
    A tricky decision looms for Athletics New Zealand as to which female pole vaulters they select for the world indoor championships in Poland from March 20 to 22 11:07

    Motoring:
    Nascar driver Shane van Gisbergen has advanced up the field at the latest race in Georgia 11:07

    National:
    How could Andrew Mountbatten-Windsor be removed from the line of succession to the throne? 10:37

    Law and Order:
    US Secret Service agents shoot and kill man trying to break into Trump's Mar-a-Lago 10:27

    National:
    Trump hikes global tariffs to 15% as the fallout from Supreme Court loss continues 10:27


     News Search






    Power Search


    © 2026 New Zealand City Ltd