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18 Dec 2024 14:54
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  •   Home > News > Business

    Housing price records in seven regions

    Housing price records in seven regions


    Median prices across the country increased 15 percent to 795-thousand dollars last month, year-on-year.

    The biggest increase was in Manawatu/Wanganui, where prices shot up more than 35 percent, to 626 thousand.

    Canterbury, Hawke's Bay and Southland were up nearly a third.

    Real Estate Institute chief executive, Jen Baird, says prices are proving resilient, with some regions noticing a decrease in the number of first home buyers, partly due to rising prices.

    © 2024 Newstalk ZB, NZCity

     Other Business News
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     18 Dec: Finger-pointing between the Opposition and the Government - over the effects of spending cuts
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     18 Dec: Auckland's Wynyard Crossing Bridge has reopened following its latest technical woes
     17 Dec: The Finance Minister believes our 4.1-billion-dollar ACC deficit has distorted New Zealand's books
     17 Dec: Wellington city's property market's running hot, with a sharp rise in sales
     Top Stories

    RUGBY RUGBY
    High Performance Sport New Zealand is putting faith in cycling in the next Olympic cycle - boosting funding for the sport by 770 thousand dollars, with canoe racing and athletics also seeing sizeable jumps in support More...


    BUSINESS BUSINESS
    High Performance Sport New Zealand is putting faith in cycling in the next Olympic cycle - boosting funding for the sport by 770 thousand dollars, with canoe racing and athletics also seeing sizeable jumps in support More...



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