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15 Jul 2025 1:55
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  •   Home > News > Business

    House prices are riding high but they're expected to cool

    House prices are riding high but they're expected to cool


    Real Estate Institute figures show the median price countrywide has risen about a quarter, to 826 thousand dollars, in the year to March.

    Prices lifted about three percent last month.

    ASB senior economist Mike Jones says Government changes to things like interest deductibility, will take some of the heat out of the market.

    He says the bank expected house prices to keep nudging higher over the next six months but now expects them to flatten out.

    © 2025 Newstalk ZB, NZCity

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    Coach Scott Robertson's laying down a challenge to the All Blacks squad with their series against France already in the bag ahead of the third and final test More...


    BUSINESS BUSINESS
    Meal-kit company HelloFresh has pleaded guilty to five charges of misleading customers More...



     Today's News

    Rugby:
    Coach Scott Robertson's laying down a challenge to the All Blacks squad with their series against France already in the bag ahead of the third and final test 21:57

    Entertainment:
    Becca Tilley was shocked by Hayley Kiyoko's proposal at a nudist beach 21:40

    Accident and Emergency:
    State Highway 56 in Manawatu-Whanganui is closed at Tiakitahuna - after a crash at about 7:30 this evening 21:17

    Entertainment:
    Sami Sheen is having second thoughts about getting her breast implants removed 21:10

    Entertainment:
    Brooklyn and Nicola Peltz-Beckham are no longer following his brothers on Instagram 20:40

    Entertainment:
    Beyonce has swapped her flying red Cadillac for a gold mechanical horse following a frightening stage mishap during her Cowboy Carter tour 20:10

    Entertainment:
    Dennis Quaid "didn't really get a lot of sleep" when he was waiting to hear from his daughter Zoe as she was working in Texas during the recent disastrous floods 19:40

    Entertainment:
    Kim Zolciak has had problems after undergoing body contouring 19:10

    Living & Travel:
    Regional Tauranga airline, Sunair, has been grounded for 10-days - since late last Wednesday 18:57

    Entertainment:
    Olivia Culpo has given birth to a baby girl 18:40


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