News | Upper South Island
7 Nov 2025 3:10
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  •   Home > News > National > Upper South Island

    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.

    © 2025 Newstalk ZB, NZCity

     Other Upper South Island News
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     26 Oct: A man's been sentenced to two months community detention and 12 months supervision - after assaulting a Nelson dairy owner over a pack of cigarettes
     24 Oct: A man will remain in custody after a standoff with Nelson police and allegedly threatening to blow up buildings
     23 Oct: A person's been arrested following a Police incident in Nelson
     23 Oct: Nelson Hospital's currently running on generator supply while the network power is being re-established
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