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4 Jan 2025 10:00
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      Home > News > Business

    A booming year for the West Coast housing market

    A booming year for the West Coast housing market


    OneRoof's House Price Report finds buying a home in New Zealand is eight thousand dollars cheaper than a year ago - but prices are climbing back up.

    It finds the regions and suburbs that have had the most growth in 2024 - tended to be the most affordable.

    Oneroof editor Owen Vaughan says the average property value in the West Coast region was up 11.2-percent year-on-year to 488-thousand dollars.

    He says first home buyers in that region are taking advantage of the affordability - and being able to get a home within reach of their budget.

    © 2025 Newstalk ZB, NZCity

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