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4 Oct 2024 14:26
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      Home > News > Business

    Interest in buying property has spiked, partly thanks to low interest rates and prices

    Interest in buying property has spiked, partly thanks to low interest rates and prices


    Latest figures from the Real Estate Institute show the national median house price dropped 0-point-6 percent in the year to August.

    Auckland is pushing down the national median price -- recording a 4-percent drop.

    Oneroof Editor Owen Vaughan says he expects more positive figures going forward this year as the market comes back to life.

    © 2024 Newstalk ZB, NZCity

     Other Business News
     04 Oct: Optimism over a new underwriting scheme - set up to stimulate housing construction
     04 Oct: BNZ's severe weather support package for Otago has now been extended to Southland
     04 Oct: Health New Zealand is expecting its financial deficit for the past financial year, to be near a billion dollars
     03 Oct: Kiwi customer data from Bloom Hearing Specialists - could have got onto the dark web
     03 Oct: The Finance Minister has told business heavyweights she absolutely rejects austerity
     03 Oct: Labour's Finance Spokesperson says the country needs to stem the flow of Kiwis heading for greener pastures offshore
     03 Oct: The Finance Minister has revealed more change is on the way, for fast-tracking developments
     Top Stories

    RUGBY RUGBY
    The Crusaders have confirmed their latest signing... and it's veteran Australian playmaker James O'Connor More...

    BUSINESS BUSINESS
    Optimism over a new underwriting scheme - set up to stimulate housing construction More...


     Today's News

    		 National:
    How the Middle East conflict could influence the US election – and why Arab Americans in swing states might vote for Trump 14:17

     Entertainment:
    Daniel Day-Lewis appears to have returned to acting seven years after his shock announcement he was retiring 14:09

     Cricket:
    The White Ferns want consistency... for longer... as they ready for their opening T20 World Cup clash against India, overnight in Dubai 14:07

     Accident and Emergency:
    A search continues for a missing person after a crash near Opotiki in Bay of Plenty 13:57

     Business:
    Optimism over a new underwriting scheme - set up to stimulate housing construction 13:57

     Politics:
    The Education Minister's assuring all waiting schools will get their new buildings -- despite changes to how works are managed 13:47

     Entertainment:
    Julia Louis-Dreyfus found motherhood to be "super challenging" at the height of her fame 13:39

     Rugby:
    The Crusaders have confirmed their latest signing... and it's veteran Australian playmaker James O'Connor 13:27

     Entertainment:
    Yvette Nicole Brown "didn't choose" to be single for most of her life 13:09

     Rugby:
    The Crusaders have confirmed the signing of veteran Australian playmaker James O'Connor on a one-year deal for the 2025 Super Rugby Pacific season 13:07

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