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20 Nov 2025 13:49
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      Home > News > Business

    Interest in buying property has spiked, partly thanks to low interest rates and prices

    Interest in buying property has spiked, partly thanks to low interest rates and prices


    Latest figures from the Real Estate Institute show the national median house price dropped 0-point-6 percent in the year to August.

    Auckland is pushing down the national median price -- recording a 4-percent drop.

    Oneroof Editor Owen Vaughan says he expects more positive figures going forward this year as the market comes back to life.

    © 2025 Newstalk ZB, NZCity

     Other Business News
     20 Nov: The world's most valuable company - Nvidia is easing fears of a bursting AI bubble, at least for now
     20 Nov: Northland Regional Council has paid tribute to former councillor and businessman, Monty Knight - who died on Sunday
     20 Nov: Relief on Wall Street, as computer chip giant Nvidia records another record-high three months
     20 Nov: The AI bubble is yet to burst - if it exists
     20 Nov: Almost a third of Kiwis plan to cut back on spending on presents this Christmas
     20 Nov: Investor confidence is inching upward, but housing is no longer the clear favourite
     20 Nov: Kiwis are more optimistic about the year ahead, than the year that's just been
     Top Stories

    RUGBY RUGBY
    The All Blacks are banged up, but most players are available for what is likely to a vastly changed side to tackle Wales this weekend More...

    BUSINESS BUSINESS
    The world's most valuable company - Nvidia is easing fears of a bursting AI bubble, at least for now More...


     Today's News

    		 International:
    FOI data shows Australian mining and manufacturing sectors take months to detect cyber breaches 13:47

     Dunedin:
    A man's been charged with using explosives to start a fire at an abandoned Dunedin house early on Tuesday 13:47

     Law and Order:
    An inmate's died at Invercargill Prison - believed to be from natural causes 13:27

     Entertainment:
    Catherine, Princess of Wales' annual carol concert will celebrate "love in all its forms" this year 13:25

     Business:
    The world's most valuable company - Nvidia is easing fears of a bursting AI bubble, at least for now 13:17

     Cricket:
    Wellington are scrambling on the third day of cricket's Plunket Shield opening round against Otago at the Basin Reserve 13:07

     Entertainment:
    Isla Fisher has found it "challenging but deeply rewarding" rebuilding her life after her divorce 12:55

     International:
    NASA unveils close-up pictures of Comet 3I/Atlas in our solar system 12:27

     Business:
    Northland Regional Council has paid tribute to former councillor and businessman, Monty Knight - who died on Sunday 12:27

     Entertainment:
    Jennifer Aniston's boyfriend Jim Curtis is "very special" and "very normal" 12:25

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