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11 Feb 2025 15:21
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  •   Home > News > Business

    House prices are continuing to fall

    House prices are continuing to fall


    Latest figures show the Real Estate Institute's House Price Index has dropped 1.1 percent in the past year, and is 15.6 percent below its 2021 peak.

    The national median house price is now 775-thousand dollars -- down 0.6 percent on a year ago.

    Auckland's median is down 4.3 percent to a million dollars, and Wellington's median is down 5.4 percent to 765-thousand dollars.

    Canterbury's median up 6.3 percent to 707-thousand dollars.

    © 2025 Newstalk ZB, NZCity

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     Today's News

    International:
    Miss Pacific Islands pageant judge not allowed to leave Solomon Islands after alleged voting controversy 15:17

    Entertainment:
    Megan Fox "is not interested in revisiting the past" with Machine Gun Kelly 15:12

    International:
    Hamas suspends hostage releases as 'warning' over alleged ceasefire breaches 14:57

    Soccer:
    Centre back Nando Pijnaker is a chance of a shock early return for Auckland FC in Saturday's A-League rematch with Western United in Melbourne 14:57

    Entertainment:
    Charli XCX and George Daniel will tie the knot in Italy 14:42

    National:
    As Trump abandons the old world order, NZ must find its place in a new ‘Pax Autocratica’ 14:17

    Entertainment:
    Brooke Shields always made sure she had the "tools to cope" with early fame 14:12

    Cricket:
    Opening batter Devon Conway believes Pakistan will be the Black Caps' opponent in Friday's Tri Nations final in Karachi 14:07

    Law and Order:
    More patrols of West Auckland train stations after a spate of creepy incidents 13:47

    Entertainment:
    Heidi Montag gets "so emotional" when she thinks about losing her home in the LA wildfires 13:42


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