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9 Feb 2026 4:56
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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
     08 Feb: Residents in Hawke's Bay's Kai-rakau have entered a second consecutive month of level 4 water restrictions
     08 Feb: Many businesses across the country could have unknowingly have a gender pay gap
     08 Feb: Wellington Water are still urging people to avoid the water along the capital's south coast - despite remediation works running smoothly
     07 Feb: Iran's mysterious Pickaxe Mountain a 'candidate' for new nuclear activities
     06 Feb: A property manager says the numbers of students looking for flats is lower than previous years
     06 Feb: More New Zealanders appear to be opting for a city-break this Waitangi weekend
     06 Feb: Why corporate America is mostly staying quiet as federal immigration agents show up at its doors
     Top Stories

    RUGBY RUGBY
    Sprinter Zoe Hobbs has blitzed her competition at the Sir Graeme Douglas Invitational athletics meet in Auckland More...

    BUSINESS BUSINESS
    Residents in Hawke's Bay's Kai-rakau have entered a second consecutive month of level 4 water restrictions More...


     Today's News

    		 Environment:
    A critical road which connects Gisborne and the Eastern Bay of Plenty re-opens this morning for essential travel 4:47

     Education:
    A major blaze at a Taupo high school's been brought under control 4:37

     Rugby:
    Sprinter Zoe Hobbs has blitzed her competition at the Sir Graeme Douglas Invitational athletics meet in Auckland 4:37

     Soccer:
    Manchester City manager Pep Guardiola has dismissed the idea this season's Premier League title chase is over if his side lose to Liverpool in Anfield tomorrow morning 18:57

     Soccer:
    Liverpool manager Arne Slot understands tomorrow morning's opponents Manchester City remain a force despite not being in their best form 18:37

     Rugby:
    The Black Ferns Sevens will square off against Australia once again in a world series tournament decider later tonight 18:27

     Rugby League:
    Brisbane prop Payne Haas will reunite with coach Wayne Bennett at South Sydney after signing a three-year contract, a development that has the NRL world in shock 18:07

     Environment:
    Wellington officials are pushing for an investigation into the city's wastewater infrastructure 17:27

     Rugby League:
    A monumental signing in the NRL, with arguably the game's best prop to shift clubs after the upcoming season 16:57

     Christchurch:
    New Zealanders hoped never to see the Christchurch terrorist again. Now he wants to appeal his sentence 16:27

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