News | Business
20 Dec 2025 12:23
| outlook hotmail | yahoo mail | gmail | news | weather | finance | shopping | about nzcity | Search |
NZCity News
NZCity CalculatorReturn to NZCity
SEARCH 

  • Start Page
  • Personalise
    •    News
  • 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

    The residential property downturn's effects are beginning to snowball

    The residential property downturn's effects are beginning to snowball


    The latest QV Quartile Index shows the mean average home value dropped one percent loss this quarter.

    QV general manager David Nagel says it's also the first time since the end of the 2020 nationwide lockdown... the upper quartile has recorded no value growth.

    He's putting it down to rapidly rising interest rates, affordability constraints and significantly tightened lending criteria.

    © 2025 Newstalk ZB, NZCity

     Other Business News
     20 Dec: A mixed bag for Kiwi businesses to start December
     20 Dec: Optimism in the hospitality sector, despite consumer spending tracking below last year
     20 Dec: Hasty adoption of AI could be costing businesses billions as shopping hits its peak
     20 Dec: Relief from the Ukraine as it's set to receive a 183 billion New Zealand dollar loan from the European Union to help fund its defence in the war with Russia
     19 Dec: New Zealand fruit's flying offshore - with exports hitting a record high
     19 Dec: Concern slow growth could be on the horizon for global trade
     19 Dec: The Reserve Bank's weighing in on the Fonterra deal
     Top Stories

    RUGBY RUGBY
    The Black Ferns will have a female coach for the first time in the professional era More...

    BUSINESS BUSINESS
    A mixed bag for Kiwi businesses to start December More...


     Today's News

    		 Entertainment:
    Charlotte Church "generally stinks" 12:20

     International:
    Epstein files partially released by US Department of Justice 12:06

     Business:
    A mixed bag for Kiwi businesses to start December 11:56

     Entertainment:
    Sydney Sweeney suffers "terrible stage fright" 11:50

     Entertainment:
    Olivia Culpo sought inspiration from the late Princess Diana for her new Abercrombie + Fitch collection 11:20

     Law and Order:
    A group fight at an Auckland nightlife hotspot has left one person seriously injured 11:16

     Entertainment:
    Sam Asghari's relationship with Britney Spears was a "blessing" 10:50

     Business:
    Optimism in the hospitality sector, despite consumer spending tracking below last year 10:46

     Business:
    Hasty adoption of AI could be costing businesses billions as shopping hits its peak 10:26

     Business:
    Relief from the Ukraine as it's set to receive a 183 billion New Zealand dollar loan from the European Union to help fund its defence in the war with Russia 10:26

     News Search




    Power Search

    © 2025 New Zealand City Ltd