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23 Jan 2026 12:27
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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.

    © 2026 Newstalk ZB, NZCity

     Other Business News
     23 Jan: Inflation's risen again - and is now back above the Reserve Bank's target range
     23 Jan: Digital ‘tokenisation’ is reshaping the global financial industry. Is NZ ready?
     23 Jan: New Zealand's tourism rebound continues to gain pace
     23 Jan: The Reserve Bank isn't expected to change its course - despite inflation remaining higher for longer
     22 Jan: It's thought a shift in how young people invest - is altering the housing market
     22 Jan: Signs the brain drain could be slowing
     22 Jan: A wet spring and early summer is good news for the energy market - for 2026
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    BUSINESS BUSINESS
    Inflation's risen again - and is now back above the Reserve Bank's target range More...


     Today's News

    		 Motoring:
    Hayden Paddon's first day back in the World Rally Championship's top tier has been cut short due to dangerous conditions 12:17

     Law and Order:
    Taranaki Police have arrested a driver and impounded two vehicles following multiple complaints of dangerous driving earlier this week 11:57

     Law and Order:
    Fiji police allegedly seize $780m cocaine shipment in drug operation targeting Pacific Ocean 'narco sub' 11:17

     Business:
    Inflation's risen again - and is now back above the Reserve Bank's target range 11:07

     Entertainment:
    Oscars 2026: Sinners break record with nominations, Jacob Elordi and Rose Byrne receive nods 10:57

     Auckland:
    A motorcyclist has died after colliding into the back of a traffic attenuator truck, moments after Police spotted them speeding on Auckland's Southern Motorway last night 10:47

     National:
    Trump sows ‘chaotic cruelty’ while Canadian PM Carney reminds the world it doesn’t have to play along 10:37

     National:
    Why are human penises so large? New evolutionary study finds two main reasons 10:27

     Business:
    Digital ‘tokenisation’ is reshaping the global financial industry. Is NZ ready? 10:17

     National:
    Friday essay: weirdly old-fashioned and wildly uneven – David Foster Wallace’s Infinite Jest at 30 10:07

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