News | Business
14 Nov 2019 19:02
NZCity News
NZCity CalculatorReturn to NZCity

  • Start Page
  • Personalise
  • 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 have skyrocketed to a record high in Gisborne

    House prices have skyrocketed to a record high in Gisborne


    New figures from the Real Estate Institute show the median price for a house in the Gisborne District increased almost 55-percent in the year to May.

    That means a house will set you back around 440-thousand dollars, up from 285-thousand at the same time last year.

    The price jumped by a staggering 23-percent alone last month -- the equivalent of about two-thousand 645-dollars every day.

    By contrast, house prices in the West Coast, Tasman, Northland and Marlborough are all in decline.

    © 2019 Newstalk ZB, NZCity


     Other Business News
     14 Nov: KiwiRail's putting cracks in Auckland's rail network down to heavy usage
     14 Nov: A summer boom and market pressures could see record housing prices continue
     14 Nov: A new record for New Zealand house prices
     14 Nov: An economist is predicting there'll be two more cuts to the OCR in the first half of next year
     14 Nov: EQC is still grappling with ongoing claims from the Canterbury earthquakes
     14 Nov: Auckland rail repair work is on track to be completed by the end of the year
     13 Nov: The Official Cash Rate is staying unchanged at a record low 1 percent
     Top Stories

    RUGBY RUGBY
    2015 Rugby World Cup star Nehe Milner-Skudder might never arrive in Toulon to take up a three year contract More...


    BUSINESS BUSINESS
    KiwiRail's putting cracks in Auckland's rail network down to heavy usage More...



     Today's News

    Rugby:
    2015 Rugby World Cup star Nehe Milner-Skudder might never arrive in Toulon to take up a three year contract 18:57

    International:
    Hello from Earth: The story of Australia's first interstellar message 18:47

    Entertainment:
    Dolly Parton has lots of tiny tattoos hidden on her body 18:44

    Basketball:
    The Tall Ferns know they must win their opening game tonight at the Olympic Pre-Qualifying Series in Auckland 18:37

    Entertainment:
    Selena Gomez has had to "learn" forgiveness 18:14

    Accident and Emergency:
    State Highway Six near Murchison is staying closed overnight and all tomorrow after a a falling boulder hit a vehicle about 2pm today 18:07

    Rugby League:
    Nathan Brown is joining the Warriors coaching staff 17:47

    Entertainment:
    The 'Gossip Girl' reboot will feature "non-white leads" and have "a lot of queer content" 17:44

    General:
    A case of job done for Timaru shooter Natalie Rooney 17:37

    Law and Order:
    The Department of Corrections chief says mail teams are doing their best to stop harmful mail being sent from prisons 17:37


     News Search






    Power Search


    © 2019 New Zealand City Ltd