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20 Apr 2024 12:43
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      Home > News > Politics

    Fasten your seatbelt...the housing market could be about to take off

    Fasten your seatbelt...the housing market could be about to take off


    OneRoof data predicts the average Auckland house price could skyrocket threefold - to almost 3-million-dollars by 2040.

    The figures suggest Wairoa in Hawke's Bay will be the cheapest place to buy, with houses affordable at just over 350-thousand.

    Queenstown will likely remain as the most expensive area - with an average home at 4.8 million .

    OneRoof's Owen Vaughan says if the next 20 years are anything like the last 20, it could be a wild ride.

    © 2024 Newstalk ZB, NZCity

     Other Politics News
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     20 Apr: Jacinda Ardern slashed negative gearing in NZ. The new government has brought it back
     19 Apr: The Law Society says it's becoming more common for people to criticise judges -- and it's a problem
     19 Apr: The Auckland Ratepayers Alliance says the latest Government measure to ease rates, only solves a small part of the problem
     19 Apr: The Government's decision to extend the timeframe for earthquake-strengthening work has gained support among Local Government New Zealand
     19 Apr: Auckland Action Against Poverty says it's time to start a conversation about the meaning of work in New Zealand
     18 Apr: German far-right leader Björn Höcke on trial for allegedly using Nazi slogan — his 'extremist' party is one of the country's highest-polling
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     Today's News

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     Rugby:
    The Highlanders are keen to head home after a humbling two-match trip across the Tasman 11:07

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