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8 Aug 2022 14:20
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  •   Home > News > Business

    A new One Roof report suggests the house price gains of 2021 are being wiped out

    A new One Roof report suggests the house price gains of 2021 are being wiped out


    The nationwide average property value has fallen 2.9 percent in the last three months to just over a million dollars ... a 21-thousand dollar decrease.

    Editor Owen Vaughan says the Greater Wellington area was hardest hit by the market slow down, with an 8.3 percent dip.

    He says it's likely because it had the biggest price surge last year... meaning the comedown's hitting harder.

    © 2022 Newstalk ZB, NZCity

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     07 Aug: Penguin Random House-Simon & Schuster merger: Explaining the billion-dollar deal and how Stephen King got involved
     07 Aug: Customer feedback has been critical in the Bankers' Association's regional bank trial expansion
     06 Aug: Auckland renters are dealing with a slight price increase
     05 Aug: Revelations Kainga Ora's 70-million-dollar farm land grab near Tauranga, trumped private sector offers
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    Meanwhile Wellington have escaped defeat at the hands of a surging Bay of Plenty Steamers outfit in the capital, 37-35 More...


    BUSINESS BUSINESS
    Fiji becomes first Pacific nation to recognise waste pickers as the world's invisible environmentalists fight to be seen More...



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    Politics:
    Federal government to advocate for 'meaningful' pay rise for aged care workers in wages submission 12:40


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