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29 Nov 2025 14:38
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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
     29 Nov: Changes to regional councils could create debate about what to do with the assets they own
     29 Nov: A global shortage of beef could be playing a key role in skyrocketing domestic mince prices
     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
     28 Nov: Cybersecurity experts warn Kiwis not to get caught up in Black Friday madness
     Top Stories

    RUGBY RUGBY
    Ryan Papenhuyzen and Zac Lomax are free to return to rugby league's NRL after rebel rugby union competition R360 pushed back their planned launch by two years - until 2028 More...

    BUSINESS BUSINESS
    Changes to regional councils could create debate about what to do with the assets they own More...


     Today's News

    		 Living & Travel:
    Some Jetstar flights grounded due to global recall of Airbus A320 planes 14:26

     Environment:
    South-East Asia flood deaths rise as Cyclone Ditwah hits Sri Lanka, heads towards southern India 14:17

     Entertainment:
    A huge blaze ripped through Usain Bolt's Jamaican restaurant on Saturday (22.11.25), leaving it severely damaged 14:08

     Motorsports:
    Ryan Wood has qualified fastest for the top 10 shootout ahead of today's second race at the Supercars grand final in Adelaide 14:06

     Environment:
    Severe weather warnings for the southern, and central regions of the country tomorrow 13:46

     Entertainment:
    Clive Owen thinks actors should not chase top roles to get their big break 13:38

     Christchurch:
    A person's died, after being pulled unresponsive from the water in Canterbury's Glenbrook 13:26

     Entertainment:
    Eva Longoria says becoming a mom at 43 was "perfect timing" 13:08

     Business:
    Changes to regional councils could create debate about what to do with the assets they own 13:07

     Rugby:
    Ryan Papenhuyzen and Zac Lomax are free to return to rugby league's NRL after rebel rugby union competition R360 pushed back their planned launch by two years - until 2028 13:07

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