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18 Mar 2025 12:05
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      Home > News > National

    House prices remain well below what they were a few years ago, particularly in Auckland and Wellington

    House prices remain well below what they were a few years ago, particularly in Auckland and Wellington


    The Real Estate Institute's House Price Index has now fallen 14.5 percent, since house prices reached record highs in 2021.

    Prices in Wellington are down 23-percent from their peak.

    Prices in Auckland are down 20.5 percent, with agents there "hoping" for a "steady improvement" in sales and prices, as interest rates continue to fall.

    Prices in Canterbury are down 3-percent.

    The national median house price is now 772-thousand, down 2.4 percent on this time last year.

    © 2025 Newstalk ZB, NZCity

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     Today's News

    		 Rugby:
    Could the All Blacks become a late adopter to one of rugby most innovative tactics of late? 11:57

     Entertainment:
    Nikki Garcia is open to dating "but not marriage" following her divorce from Artem Chigvintsev 11:44

     National:
    Stop waiting for a foreign hero: NZ’s supermarket sector needs competition from within 11:17

     Boxing:
    Boxing to feature at 2028 LA Olympics after IOC approves sport's inclusion 11:17

     Entertainment:
    Sharon Stone "didn't have" an official role in 'Another Simple Favor' 11:14

     Business:
    Fiscal services are being urged to reach out to younger generations struggling with money 11:07

     Law and Order:
    A teen accused of attacking a woman at a Christchurch park last month - giving her a significant head injury - now faces serious sex charges 10:57

     Politics:
    The Foreign Affairs Minister is sure New Zealand's concerns about Pacific aid have been heard in Washington DC 10:47

     Accident and Emergency:
    A close shave for a Stewart Island hunter saved by his personal locater beacon- after spending the night alone out in the cold 10:47

     Entertainment:
    Mark Wright became emotional as he discussed his newborn daughter 10:44

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