News | Business
30 Jan 2026 14:34
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

    The property market's still mostly too hot for first home buyers to handle

    The property market's still mostly too hot for first home buyers to handle


    CoreLogic data says average house prices across the country continue to surge.

    Herne Bay is New Zealand's most expensive suburb with the average property valued at three million dollars.

    Senior property economist Kelvin Davidson says getting a foot in the door is still a big challenge.

    He says the strong growth means somebody saving for their first deposit has to find substantially more money.

    © 2026 Newstalk ZB, NZCity

     Other Business News
     30 Jan: The Finance Minister's dispelling concern the official cash rate will be hiked this year
     30 Jan: The US wants to control Venezuela's finances. These armed groups could make it difficult
     30 Jan: Insurers are getting increasingly sophisticated about where they offer cover - particularly in areas most affected by climate risks
     30 Jan: A potential lesson for all retailers - from the Lululemon leggings saga
     30 Jan: Live updates: ASX to rise as Elon Musk mulls merging Grok and SpaceX
     30 Jan: Missing out on a spot at the airport is largely to blame for a Wellington taxi company's failure
     29 Jan: The Finance Minister says education will always be a worthwhile investment - as the Government announces two new specialist schools
     Top Stories

    RUGBY RUGBY
    Former All Blacks coach John Mitchell will remain a thorn in the side of the Black Ferns More...


    BUSINESS BUSINESS
    The Finance Minister's dispelling concern the official cash rate will be hiked this year More...



     Today's News

    Entertainment:
    Ethan Hawke has urged his daughter Maya Hawke to "move on" from Stranger Things 14:31

    Entertainment:
    Antihero Marty Supreme is sociopathic in his pursuit of glory. Why do we want him to win? 14:17

    International:
    Donald Trump shares video of Alex Pretti confrontation with agents 11 days before shooting 14:17

    Law and Order:
    A secondary teacher's avoided serious punishment, after flipping a trailer carrying 15 students 14:07

    Entertainment:
    Amber Heard has "lost [her] ability to speak" in the wake of her legal battle with Johnny Depp 14:01

    Business:
    The Finance Minister's dispelling concern the official cash rate will be hiked this year 13:47

    Entertainment:
    Eric Dane missed an awards show due to the "physical realities" of having ALS 13:31

    Rugby:
    Former All Blacks coach John Mitchell will remain a thorn in the side of the Black Ferns 13:27

    Business:
    The US wants to control Venezuela's finances. These armed groups could make it difficult 13:17

    Cricket:
    A late addition to the New Zealand men's cricket squad for the T20 World Cup 13:07


     News Search






    Power Search


    © 2026 New Zealand City Ltd