News | Business
17 Mar 2025 17:05
| 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

    House prices remain well below what they were a few years ago, particularly in Auckland and Wellington

    House prices remain well below what they were a few years ago, particularly in Auckland and Wellington


    The Real Estate Institute's House Price Index has now fallen 14.5 percent, since house prices reached record highs in 2021.

    Prices in Wellington are down 23-percent from their peak.

    Prices in Auckland are down 20.5 percent, with agents there "hoping" for a "steady improvement" in sales and prices, as interest rates continue to fall.

    Prices in Canterbury are down 3-percent.

    The national median house price is now 772-thousand, down 2.4 percent on this time last year.

    © 2025 Newstalk ZB, NZCity

     Other Business News
     17 Mar: Homeowners shouldn't expect their property's value to rise drastically any time soon
     17 Mar: Job ads mentioning options to work from home are dropping
     17 Mar: Hope New Zealand's aquaculture sector could soon be a three-billion dollar industry
     16 Mar: New Zealand's beef industry is confident of its necessity in the United States, despite the likelihood of tariffs from the Trump administration
     16 Mar: Global beef production's declining, creating competition for our key export markets
     16 Mar: Parking changes in Auckland's CBD will be extended to Wynyard Quarter from today
     15 Mar: The prospect of making history is motivating the Wellington Phoenix women at the business end of the season
     Top Stories

    RUGBY RUGBY
    Wellington will open their NPC rugby title defence against Canterbury at an as yet unconfirmed venue More...

    BUSINESS BUSINESS
    Homeowners shouldn't expect their property's value to rise drastically any time soon More...


     Today's News

    		 Law and Order:
    A 22 year old man's due in Manukau District Court on Friday after a crash in Auckland's Penrose yesterday - that killed an immigrant Filipino tradie 16:57

     Entertainment:
    Macaulay Culkin's fiancee had to teach him how to do laundry 16:44

     Business:
    Homeowners shouldn't expect their property's value to rise drastically any time soon 16:27

     Law and Order:
    A Dunedin teen's escaped a murder conviction, over a fatal stabbing at the city's bus hub 16:27

     Motoring:
    New Zealand Rugby League chief executive Greg Peters is calling for an overhaul of the game's international eligibility criteria 16:17

     Entertainment:
    Kourtney Kardashian and Travis Barker have very different ways of living 16:14

     National:
    Luxon meets Modi: why a ‘good’ NZ-India trade deal is preferable to a ‘perfect’ one 16:07

     International:
    Easy and healthy weeknight dinner ideas 16:07

     Entertainment:
    Tuppence Middleton feels "really selfish as a parent with OCD" because she struggles to cope when her daughter is ill 15:44

     International:
    Serbian officials deny using sonic device as panic grips crowd of protesters 15:37

     News Search




    Power Search

    © 2025 New Zealand City Ltd