News | Business
9 Feb 2026 9:38
| 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
     09 Feb: The Prime Minister remains hopeful, for a fall in unemployment this year
     09 Feb: Five simple steps to saving cash (while still having a life)
     09 Feb: A next-generation electric hydrofoiling vessel is being trialled on Lake Whakatipu as a potential new transport link between Queenstown and Kingston
     08 Feb: Residents in Hawke's Bay's Kai-rakau have entered a second consecutive month of level 4 water restrictions
     08 Feb: Many businesses across the country could have unknowingly have a gender pay gap
     08 Feb: Wellington Water are still urging people to avoid the water along the capital's south coast - despite remediation works running smoothly
     07 Feb: Iran's mysterious Pickaxe Mountain a 'candidate' for new nuclear activities
     Top Stories

    RUGBY RUGBY
    Zoe Hobbs and Tiaan Whelpton are Poland-bound after posting world indoor athletics championships 60-metre qualifying times at the Sir Graeme Douglas International in Auckland More...

    BUSINESS BUSINESS
    The Prime Minister remains hopeful, for a fall in unemployment this year More...


     Today's News

    		 Law and Order:
    Two young people have been charged after a fire at a Taupo school 9:37

     Law and Order:
    Concerns mosque attacker Brenton Tarrant's appeal will provides him with a platform to spread more of his violent and dark points of view 9:27

     Law and Order:
    A homicide investigation's underway in Kapiti after the body of a woman was discovered 9:27

     International:
    Ghislaine Maxwell to testify before US Congress as so-called Epstein files reveal more about her role 9:17

     Business:
    The Prime Minister remains hopeful, for a fall in unemployment this year 8:07

     Politics:
    A defence lawyer's suggesting we could be paying jurors more 7:57

     Law and Order:
    A Kiwi expat convicted of assault in Indonesia is back in New Zealand after four months in a Bali immigration detention centre 7:47

     Business:
    Five simple steps to saving cash (while still having a life) 7:37

     Business:
    A next-generation electric hydrofoiling vessel is being trialled on Lake Whakatipu as a potential new transport link between Queenstown and Kingston 7:27

     General:
    Lindsey Vonn's horror crash at the 2026 Winter Olympic Games was always on the cards, but having no ACL wasn't going to stop her 7:07

     News Search




    Power Search

    © 2026 New Zealand City Ltd