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6 Feb 2026 3:00
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  •   Home > News > Business

    Wellingtonians are being urged to look at new housing data with a grain of salt

    Wellingtonians are being urged to look at new housing data with a grain of salt


    CoreLogic has found 67 suburbs now have a median house value of more than one-million dollars, with Seatoun sitting at just over 2.1 million.

    Another 92 suburbs have increased by more than 100 thousand dollars, with 61 increasing by more than 200-thousand.

    CoreLogic Chief Property Economist Kelvin Davidson says it's not necessarily time to break out the champagne.

    He says people have to remember they're buying and selling in the same market, and flat house prices could be better for many people.

    © 2026 Newstalk ZB, NZCity

     Other Business News
     05 Feb: A 53-year-old man's been arrested and charged in relation to a suspicious fire at a commercial premises on Oruanui Street in Taupo's CBD on Tuesday night
     05 Feb: The housing market is currently favouring buyers - but that may not last
     05 Feb: House prices are expected to rise as the year goes on - on the back of increased sales activity
     05 Feb: The Government's announced it'll invest in two horticulture developments on under-utilised Maori land in Northland and Waikato
     05 Feb: A record financial result for Christchurch's Lyttelton Port Company
     05 Feb: More uncertainty for dairy farmers who supply Canterbury milk processing firm Synlait
     05 Feb: Auckland and Wellington are bearing the brunt of the latest unexpected rise in unemployment
     Top Stories

    RUGBY RUGBY
    Crusaders fullback Will Jordan has dismissed suggestions Super Rugby isn't preparing All Blacks players for the reality of test matches More...


    BUSINESS BUSINESS
    A 53-year-old man's been arrested and charged in relation to a suspicious fire at a commercial premises on Oruanui Street in Taupo's CBD on Tuesday night More...



     Today's News

    Hamilton:
    Three people are injured - one seriously - after a two-vehicle crash near Hamilton Airport 21:57

    Entertainment:
    The disappearance of Savannah Guthrie's mother is being treated as a "crime" 21:31

    Auckland:
    Multiple people are injured after a four-vehicle crash on Auckland's Southern Motorway 21:17

    Entertainment:
    Ricky Gervais has mocked Grammy winners for making political acceptance speeches 21:01

    Entertainment:
    Sam Claflin hated filming topless scenes because of his body dysmorphia 20:31

    Entertainment:
    The boss of the Hollywood sign has claimed that CGI was used in a video showing Sydney Sweeney decorating the landmark with bras 20:01

    Entertainment:
    Keke Palmer has no interest in living with romantic partners 19:31

    Business:
    A 53-year-old man's been arrested and charged in relation to a suspicious fire at a commercial premises on Oruanui Street in Taupo's CBD on Tuesday night 19:17

    Entertainment:
    Reba McEntire says that Kelly Clarkson and her children are "hanging in there" following Brandon Blackstock's death 19:01

    International:
    Democrat victory in Republican stronghold could spell trouble for Trump 18:57


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