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22 Feb 2026 17:41
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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

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     Today's News

    Rugby:
    The Crusaders are in strife in their Super Rugby round two match against the Brumbies in Christchurch 17:27

    Accident and Emergency:
    Two people died and another three are in a critical condition, after a two-vehicle crash on State Highway 1 in Marlborough 17:27

    Entertainment:
    King Charles says the "law must take its course" following Andrew Mountbatten-Windsor's arrest 17:17

    Basketball:
    Parker Jackson-Cartwright and the entire New Zealand Breakers organisation want to put their name on the first ever Ignite Cup, but know the task ahead of them is a difficult one 16:57

    Golf:
    Jacob Bridgeman has come out firing on Moving Day at the PGA Tour's latest event in Riviera 16:47

    Cricket:
    The Black Caps are embracing the challenge of tackling Sri Lanka in their home conditions at the T20 World Cup 16:47

    Entertainment:
    Margot Robbie was mistaken for a man when she was playing ice hockey and was "picked on" by the other players 16:47

    Soccer:
    Former All Whites goalkeeper Jacob Spoonley hopes the Wellington Phoenix are supporting their glovesman Josh Oluwayemi  16:17

    Motorsports:
    Matt Payne has been unable to back up his provisional qualifying effort in the Top10 shootout for the final race of the Supercars weekend in Sydney 16:17

    Entertainment:
    Jason Bateman came close to quitting Hollywood to fulfil his dream of opening a cafe in Europe 16:17


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