News | Upper South Island
9 Jan 2026 9:42
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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
     08 Jan: One person's seriously injured after a glue drum exploded at an industrial site near Motueka
     06 Jan: Police are seeking an Auckland man in relation to assault and theft offences
     03 Jan: The Central Hinds have claimed a second win over the Canterbury Magicians in three days to move into third on the women's Super Smash ladder
     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
     28 Dec: Crews are cleaning up an oil spill along a stretch of State Highway 73, between Christchurch and the West Coast
     27 Dec: The holiday drowning toll stands at one - after a person was swept out to sea on Auckland's West Coast yesterday afternoon
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    Politics:
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