News | Upper South Island
15 Oct 2025 20:46
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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
     15 Oct: Kiwis league coach Stacey Jones has applauded forward Nelson Asofa-Solomona's resilience after being named in the 17 to take on Samoa in Sunday's Pacific Championships match at Mt Smart
     15 Oct: State Highway 1 south of Ward in Marlborough has re-opened, after a person died in a crash just before 3 yesterday afternoon
     14 Oct: Three people have been injured - one critically - in a three-vehicle crash about 3pm on State Highway 1, south of Picton, closing the road near Ward in both directions
     13 Oct: Mixed emotions for Kiwi Nelson Asofa-Solomona as he parts ways with the Storm in league's NRL
     10 Oct: The Grey Emergency Operation Centre has been activated as floodwaters rapidly rise on the West Coast
     09 Oct: Two people have been arrested in Marlborough today, as Police crackdown on meth in the region
     05 Oct: Fisheries New Zealand is stepping in with new bylaws to protect nine West Coast areas, exclusive to local Maori
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     Today's News

    Law and Order:
    Police are asking people to report any sightings around Hamilton of a grey Mazda ute belonging to a 39-year old man, who's been missing about two months 18:57

    Accident and Emergency:
    A burning vehicle's closed State Highway One in Tasman in both directions, north of Kekerengu 18:37

    Motoring:
    When is the F1 US Grand Prix, how can I watch and who is battling for the championship? 18:17

    Business:
    Mooove over dairy and beef cows, for a new hybrid breed on the block 18:07

    Health & Safety:
    Conjoined boys born in PNG bound for Australia for medical treatment 17:57

    Soccer:
    Put me in coach 17:37

    International:
    Hamas releases more remains of hostages as video of executions in Gaza emerges 17:37

    Politics:
    Hospitality New Zealand's throwing its support behind a Government inspection of sector rules 17:27

    Law and Order:
    A Gisborne teen accused of threatening to kill an MP has made his first appearance in the District Court today 17:27

    Motoring:
    Waikato's State Highway 30 - from Te Kuiti to Benneydale - is expected to open at 7pm - after being closed since yesterday's downpours 16:57


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