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16 Aug 2025 8:24
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  •   Home > News > Business

    A property expert believes it's a good time to hold on to a property, as Wellington heads into local body elections later this year

    A property expert believes it's a good time to hold on to a property, as Wellington heads into local body elections later this year


    The latest Real Estate Institute House Price Index shows median prices in the capital are 25.6 percent below four years ago, and steadily falling.

    Tommy's Real Estate Agent Billy Bell says a local election and projected rates increases could test the capital's property market.

    He says the property market will come right - and when it does, it will be worth having a property.

    © 2025 Newstalk ZB, NZCity

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     Top Stories

    RUGBY RUGBY
    The Southland Stags have scored 29 unanswered second half points to stun Manawatu 29-22 in their NPC rugby contest in Invercargill after trailing 22-nil at halftime More...


    BUSINESS BUSINESS
    Grocery shopping keeps getting dearer and dearer for Kiwis More...



     Today's News

    Rugby:
    The Southland Stags have scored 29 unanswered second half points to stun Manawatu 29-22 in their NPC rugby contest in Invercargill after trailing 22-nil at halftime 8:16

    Golf:
    Kiwi golfer Ryan Fox is a whopping 19 shots off the pace towards the end of his second round at the PGA's penultimate tour event in Maryland 8:06

    Rugby League:
    No luck for the Kiwis at the New Zealand Darts Masters, with all exiting in the opening round at Spark Arena 8:06

    Rugby League:
    The Warriors have just about guaranteed a top eight finish in league's NRL after a 14-10 comeback win over the Dragons at Mt Smart 7:56

    International:
    The Palestinian women's football team is playing for 'identity and resistance' 7:56

    Rugby League:
    The Roosters have moved into the NRL's Top 8 following a 32-12 win over the third-placed Bulldogs in Sydney 7:56

    Soccer:
    Liverpool have taken their off-season spending to seven hundred and thirty-five million dollars after confirming the arrival of Italian defender Giovanni Leoni 7:46

    Law and Order:
    Police say they haven't given up hope on solving a 45-year-old cold case in Auckland 7:36

    International:
    Beauty queens, bogus footage and the battle for truth on the Thailand-Cambodia border 7:26

    Rugby League:
    The Warriors are back into the NRL's top four after a 14-10 comeback victory over the Dragons at Mt Smart 7:16


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