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30 Nov 2025 11:39
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      Home > News > Business

    A new One Roof report suggests the house price gains of 2021 are being wiped out

    A new One Roof report suggests the house price gains of 2021 are being wiped out


    The nationwide average property value has fallen 2.9 percent in the last three months to just over a million dollars ... a 21-thousand dollar decrease.

    Editor Owen Vaughan says the Greater Wellington area was hardest hit by the market slow down, with an 8.3 percent dip.

    He says it's likely because it had the biggest price surge last year... meaning the comedown's hitting harder.

    © 2025 Newstalk ZB, NZCity

     Other Business News
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     29 Nov: Research could be the key for shoppers who actually want to get a deal this Black Friday weekend
     28 Nov: Retailers are feeling positive heading into the holiday season, as Kiwis across the country, spend more
     28 Nov: Farmers are turning out more milk with fewer cows
     28 Nov: It's thought next year could bring some heat back to the housing market
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     Today's News

    		 International:
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     Business:
    Our sheep meat exports hit record value in October 11:17

     Entertainment:
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     Golf:
    Three Kiwis are in the mix in the final round of the Australian PGA Championship in Brisbane 11:07

     Entertainment:
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     Living & Travel:
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     Politics:
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     Living & Travel:
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     Entertainment:
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     Motoring:
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