News | Upper South Island
8 Jan 2026 18:29
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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.

    © 2026 Newstalk ZB, NZCity

     Other Upper South Island News
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     03 Jan: The Central Stags are looking to get their Super Smash title defence back on track in Nelson this afternoon
     30 Dec: Officials are closely monitoring strong winds across the West Coast, upper South Island, and lower North Island, which have left thousands of people without power
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