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6 Dec 2019 21:31
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  •   Home > News > Business

    A summer boom and market pressures could see record housing prices continue

    A summer boom and market pressures could see record housing prices continue


    Real Estate Institute data shows new highs last month, with the national median now 607-thousand-500-dollars - the first time the bar's passed 600-thousand.

    Chief executive Bindi Norwell says it's due to a regional boom - with six regions breaking their own record median prices.

    She says summer's a busy time for real estate - which could increase pressure in the regional market.

    © 2019 Newstalk ZB, NZCity


     Other Business News
     06 Dec: West Coast Civil Defence Emergency Management Group and Westland District Council are closely monitoringtroads and rivers with heavy rain continuing to batter the region
     06 Dec: Drivers from one of the largest bus companies in the country are ramping up strike action - by cutting services in Auckland up until Christmas
     06 Dec: New bank restrictions could push the thorn of business confidence deeper into the Government's side
     06 Dec: There's doubt about the Government's prediction fuel prices could drop by 18 cents
     06 Dec: A think-tank says New Zealanders should be able to have their say on a move which will raise the cost of lending
     06 Dec: Commentators are being urged to see new bank rules in perspective
     05 Dec: The Finance Minister says it's important banks don't use capital increases to target certain industries
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    BUSINESS BUSINESS
    West Coast Civil Defence Emergency Management Group and Westland District Council are closely monitoringtroads and rivers with heavy rain continuing to batter the region More...



     Today's News

    Entertainment:
    Ashley Graham has undergone a "rollercoaster of emotions" over her pregnancy figure 21:17

    Accident and Emergency:
    A 70-year-old Australian man has died after a fall on a section of the Routeburn Track today 21:17

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    Entertainment:
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    Entertainment:
    Mena Massoud hasn't had an audition since his starring role in 'Aladdin' 19:47

    Entertainment:
    Justin Hartley's estranged wife has listed their separation date as almost five months later than the actor had claimed 19:17

    Business:
    West Coast Civil Defence Emergency Management Group and Westland District Council are closely monitoringtroads and rivers with heavy rain continuing to batter the region 18:57

    Entertainment:
    Khloé Kardashian insists fans don't "know it all" about her life from her reality shows 18:47

    Rugby:
    The Black Ferns and All Blacks sevens are back in action at the Dubai World Series event when day two begins tonight 18:37

    International:
    YouTube Rewind 2019 brings back PewDiePie, addresses last year's mass dislikes 18:37


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