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10 Mar 2025 6:06
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  •   Home > News > Business

    The average price of a home in 2000, has more than quadrupled

    The average price of a home in 2000, has more than quadrupled


    But OneRoof and Valocity have found affordability's worsened - with household incomes failing to keep pace.

    In Auckland, the median house price is now 7.4 times the median income.

    OneRoof editor Owen Vaughan says prices have also surged at a higher rate in the regions - with areas like Southland jumping more than 650 percent.

    He says while the dollar value isn't as big, the percentage change is quite considerable.

    © 2025 Newstalk ZB, NZCity

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     Today's News

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    Law and Order:
    A lawyer caught with explicit images of children that he shared on social media has been banned from practising again 18:37

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    Two people have serious and moderate injuries from a two-vehicle crash in Burgess Park, near New Plymouth 18:07

    Rugby:
    The Crusaders have gone two from three in Super Rugby Pacific, dispatching the Queensland Reds 43-19 in Christchurch 17:47

    Politics:
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    Dunedin:
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    Tennis:
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