News | Business
2 Mar 2026 16:10
| 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 resale value of residential real estate... is slightly weakening

    The resale value of residential real estate... is slightly weakening


    A CoreLogic report shows the median profit dipped to 406 thousand dollars in the three months to March, down from a record high of 435 thousand in 2021's last quarter.

    Chief Property Economist Kelvin Davidson says while the figures have softened consistent with the wider market slowdown, the fall is only minor.

    He says it may be some time before we see more substantial declines in profit-making resales.

    © 2026 Newstalk ZB, NZCity

     Other Business News
     02 Mar: Wellington's mayor says the Council is not looking at compensating businesses on the wastewater plagued-southern coast
     02 Mar: Job numbers are rising again - but are still down on a year ago
     02 Mar: A warning Dunedin's Forsyth Barr Stadium is in a financially unsustainable position
     02 Mar: Rates are set to rise in Dunedin - as the city council releases its draft Annual Plan
     28 Feb: It's been revealed UK supermarket giant Tesco, declined the Finance Minister's invitation for a meeting to discuss the issues in our grocery sector
     28 Feb: The average Auckland ratepayer will be paying an average of 320 dollars more a year, if the council's annual plan passes
     27 Feb: Retail NZ says there could be complications created by new gift card rules
     Top Stories

    RUGBY RUGBY
    Crusaders prop Tamaiti Williams has been cited for what's been deemed a reckless or dangerous act during their Super Rugby win over the Chiefs in Hamilton More...

    BUSINESS BUSINESS
    Wellington's mayor says the Council is not looking at compensating businesses on the wastewater plagued-southern coast More...


     Today's News

    		 Living & Travel:
    Booked to travel through the Middle East? Here’s why you shouldn’t cancel your flight 16:07

     Education:
    Iran claims US and Israel attacked a girls' school. This is what is known about the strike 16:07

     Golf:
    Colombia's Nico Echavarria has benefited from leader Shane Lowry's shock late meltdown to triumph in the PGA Tour's latest event in Florida 15:27

     Business:
    Wellington's mayor says the Council is not looking at compensating businesses on the wastewater plagued-southern coast 15:27

     Accident and Emergency:
    Armed Police are attending an incident in Waikato's Parawera, southeast of Te Awamutu 14:57

     International:
    American service members killed as Iran strikes back against US-Israel attack 14:27

     Law and Order:
    Melbourne woman fears for her mother in Iranian prison amid US-Israeli strikes on Iran 14:17

     Living & Travel:
    AI is already creeping into election campaigns. NZ’s rules aren’t ready 14:07

     Rugby League:
    North Queensland's Vegas hangover is poised to continue with winger Braidon Burns facing a two-match NRL ban 14:07

     Motorsports:
    Tyler Reddick has held off a charging Shane van Gisbergen to make Nascar history 13:37

     News Search




    Power Search

    © 2026 New Zealand City Ltd