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17 Jun 2025 7:32
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      Home > News > Business

    The housing market's cooling - as winter nears

    The housing market's cooling - as winter nears


    Latest Real Estate Institute figures show the national median price declined 1.1 percent in April year on year - but sales rose 9.5 percent.

    Except for Auckland, the median price stayed unchanged, at 700 thousand dollars.

    Acting Chief Executive Rowan Dixon says easing interest rates and job concerns are influencing the market.

    He says both will continue to contribute to turnover.

    © 2025 Newstalk ZB, NZCity

     Other Business News
     17 Jun: Selwyn District Council has opened consultation on a new Deed of Licence for Upper Selwyn Hutts
     16 Jun: Leonard Lauder, eldest son of Estée Lauder founders and former CEO, dies aged 92
     16 Jun: Three Auckland property owners have been fined more than 40-thousand-dollars between them, for serious breaches of the Resource Management and Building Acts
     16 Jun: A site in Wellington's Happy Valley is set to be transformed into a new bus depot
     16 Jun: A push to make more Northland homes warm and dry this winter
     14 Jun: Global trade disruptions pose the biggest threat to New Zealand's economic recovery
     14 Jun: Kiwibank is suggesting more OCR cuts are needed to revive the economy
     Top Stories

    RUGBY RUGBY
    Chiefs captain Luke Jacobson admits scars linger ahead of their fourth Super Rugby final in five years, this time against the Crusaders in Christchurch on Saturday More...

    BUSINESS BUSINESS
    Selwyn District Council has opened consultation on a new Deed of Licence for Upper Selwyn Hutts More...


     Today's News

    		 Business:
    Selwyn District Council has opened consultation on a new Deed of Licence for Upper Selwyn Hutts 7:17

     Rugby:
    Chiefs captain Luke Jacobson admits scars linger ahead of their fourth Super Rugby final in five years, this time against the Crusaders in Christchurch on Saturday 7:07

     International:
    Family hoping for a miracle after crash of Air India Flight 171 in Ahmedabad 7:07

     Entertainment:
    Tarek El Moussa has been cited for battery 6:59

     Law and Order:
    The daughter of a Christchurch pensioner killed by her mental health patient gardener, says she was shocked to learn he'd killed before 6:37

     Entertainment:
    Ricki Lake underwent a "lower face and neck lift" after losing weight 6:29

     Entertainment:
    Selena Gomez has joked her sister loves her "auntie" Taylor Swift more than her 21:59

     Golf:
    American golfer JJ Spaun has delivered a putt for the ages in clinching his first major crown at the US golf Open at Oakmont 21:57

     Entertainment:
    Eric Dane doesn't feel his ALS diagnosis means "the end" 21:29

     Law and Order:
    Auckland Airport customs has seized 7.5-million dollars worth of meth from the United States 21:17

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