News | Business
17 Feb 2026 10:16
NZCity News
NZCity CalculatorReturn to NZCity

  • Start Page
  • Personalise
  • Sport
  • Weather
  • Finance
  • Shopping
  • Jobs
  • Horoscopes
  • Lotto Results
  • Photo Gallery
  • Site Gallery
  • TVNow
  • Dating
  • SearchNZ
  • NZSearch
  • Crime.co.nz
  • RugbyLeague
  • Make Home
  • About NZCity
  • Contact NZCity
  • Your Privacy
  • Advertising
  • Login
  • Join for Free

  •   Home > News > Business

    House prices are continuing to fall, but some parts of the country keep bucking the trend

    House prices are continuing to fall, but some parts of the country keep bucking the trend


    Real Estate Institute figures show the median price has fallen 1.7 percent in the past 12 months, with declines in Auckland and Wellington.

    But Canterbury's median rose 4-and-half percent.

    Institute Chief Executive, Jen Baird, says medians in Gisborne and Nelson also went up more than a quarter.

    Nelson's median price has reached an all-time record high of 840-thousand dollars.

    © 2026 Newstalk ZB, NZCity

     Other Business News
     17 Feb: Retail confidence is at a two-year high - but full recovery is still to come
     16 Feb: Now's the time to buy for those looking to get on the property ladder
     16 Feb: Severe weather has impacted the housing market
     16 Feb: People didn't reach into their pockets as much as retailers hoped, over summer
     16 Feb: More evidence of an improving economy - from the amount of freight hitting our roads
     16 Feb: Potential for cost-cutting in the 1.8 billion dollar Interislander replacement plan
     16 Feb: The housing market may be yet to turn a corner
     Top Stories

    RUGBY RUGBY
    A Dunedin man who sent a secretly-recorded sex tape to dozens of rugby mates, has failed to have his conviction quashed More...


    BUSINESS BUSINESS
    Retail confidence is at a two-year high - but full recovery is still to come More...



     Today's News

    Politics:
    A history of assassination reveals how ‘targeted killings’ became an extension of state power 10:07

    Entertainment:
    Iran's state TV airs 'forced confessions' of 'scapegoats' whose families fear could face execution 10:07

    Soccer:
    A breakthrough for Brentford in their fourth round FA Cup football match 10:07

    Entertainment:
    Michelle Yeoh thinks Hollywood can be slow to progress because some people are scared to "lose out" 9:57

    Health & Safety:
    Health experts are demanding tougher alcohol laws to prevent children from being influenced into drinking 9:47

    Entertainment:
    Chloë Sevigny wants to celebrate the inclusivity and diversity of New York fashion 9:27

    Law and Order:
    A jury's heard grisly details about the death and dismemberment of a Christchurch man - whose remains were found in the boot of his own car 9:27

    Rugby League:
    New Zealand Rugby League boss Greg Peters is saluting the fact Kiwi internationals can now play State of Origin 9:07

    Entertainment:
    Peter Andre won't be spending Valentine's Day with his wife Emily 8:57

    Entertainment:
    Robert Duvall, star of The Godfather and Apocalypse Now, dies at 95 8:57


     News Search






    Power Search


    © 2026 New Zealand City Ltd