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20 Dec 2025 16:29
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      Home > News > Business

    The first step on the property ladder keeps getting harder for first home buyers

    The first step on the property ladder keeps getting harder for first home buyers


    The latest QV Index shows major price hikes in first home values in the cheapest parts of the country - including a 72 percent lift in the Ruapehu district over the past year.

    Palmerston North, Napier and the Hutt City have also jumped 30 percent or more.

    General Manager of QV David Nagel says it's down to supply and demand.

    He says everyone is snapping up affordable houses while they still can.

    © 2025 Newstalk ZB, NZCity

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    Sport New Zealand chief executive Raelene Castle has shed light on the challenge sports administrators face between balancing transparency and confidentiality More...


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    Sir Steve Hansen is passing off the credit for his daughter pursuing, and excelling, as a rugby coach 16:17

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     Rugby League:
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     Cricket:
    Australia have set England 435 to win the third Ashes test in Adelaide after being bowled out for 349 on day four 14:56

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