News | Upper South Island
24 Nov 2025 18:51
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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
     22 Nov: The West Indies have lost three wickets but are scoring at a respectable rate in today's final one-day dead rubber at Seddon Park in Hamilton
     20 Nov: A fire has closed a rubbish transfer station in Blenheim
     15 Nov: A Nelson court's found a woman not guilty by reason of insanity in a body-tampering case, after police found a dead man on his deck with what appeared to be a 'shrine' around his body
     11 Nov: A very large Sauvignon Blanc harvest is hurting Marlborough wine makers' pockets
     10 Nov: A brief moment to reflect for Black Caps leg spinner Ish Sodhi in between games three and four of their T20 series against the West Indies in Nelson
     10 Nov: A measles case has popped up in Nelson, with currently no known links to previous cases
     09 Nov: Rain has denied the Black Caps their first opportunity to wrap up their T20 international cricket series against the West Indies
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