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22 Dec 2025 7:31
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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
     22 Dec: Conversations around the future ownership of Pamu, formerly Landcorp
     20 Dec: Sport New Zealand chief executive Raelene Castle has shed light on the challenge sports administrators face between balancing transparency and confidentiality
     20 Dec: A mixed bag for Kiwi businesses to start December
     20 Dec: Optimism in the hospitality sector, despite consumer spending tracking below last year
     20 Dec: Hasty adoption of AI could be costing businesses billions as shopping hits its peak
     20 Dec: Relief from the Ukraine as it's set to receive a 183 billion New Zealand dollar loan from the European Union to help fund its defence in the war with Russia
     19 Dec: New Zealand fruit's flying offshore - with exports hitting a record high
     Top Stories

    RUGBY RUGBY
    The head coach for Canoe Racing New Zealand, Gordon Walker, is stepping down More...

    BUSINESS BUSINESS
    Conversations around the future ownership of Pamu, formerly Landcorp More...


     Today's News

    		 Entertainment:
    Wonka star Timothee Chalamet reportedly splurged over £3,000 on chocolates whilst on a lavish trip to London 7:20

     Business:
    Conversations around the future ownership of Pamu, formerly Landcorp 7:17

     Cricket:
    A final day thriller could still unfold in the third New Zealand-West Indies cricket test at Mount Maunganui 7:07

     Politics:
    The Education Minister's promising support for teachers struggling with sweeping sector changes 7:07

     Entertainment:
    Spike Lee says he will be remembered for being a teacher alongside his films when he dies 6:50

     Entertainment:
    Kelsey Grammer's youngest children do not realise how famous their dad is 6:20

     Law and Order:
    Three people have been arrested after a chase following a burglary in Drury this afternoon 21:57

     Entertainment:
    Allison Holker has paid tribute to her husband Stephen 'tWitch' Boss on the third anniversary of his death 21:50

     Entertainment:
    King Charles will be "deeply touched" by the public's reaction to the "milestone" in his cancer journey, which he described as a "personal blessing" 21:20

     Rugby:
    The head coach for Canoe Racing New Zealand, Gordon Walker, is stepping down 21:17

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