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8 Nov 2025 17:19
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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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     Top Stories

    RUGBY RUGBY
    All Blacks first five Beauden Barrett has taken it upon himself to underline how close Scotland have come to tipping up New Zealand in the last two visits More...

    BUSINESS BUSINESS
    A construction company will use repeatable designs to churn out new hospital wards across the country More...


     Today's News

    		 Rugby:
    All Blacks first five Beauden Barrett has taken it upon himself to underline how close Scotland have come to tipping up New Zealand in the last two visits 17:17

     International:
    Sudan's crisis has entered a dramatic new phase — but it started years ago 17:07

     Soccer:
    Auckland FC will look to avoid getting caught up in the emotion of tonight's A-League derby against the Phoenix in Wellington 16:57

     International:
    Amyl and the Sniffers, Tame Impala, Rüfüs Du Sol secure 2026 Grammy nominations 16:07

     Accident and Emergency:
    Lake Terrace at the corner of Matuku Street in Two Mile Bay, Taupo, is closed following a single-vehicle crash 15:27

     Rugby:
    Former New Zealand coach Sir Steve Hansen has praised the young All Blacks locking trio that will be tasked with leading the second-row in tomorrow morning's test against Scotland at Murrayfield 15:07

     Rugby League:
    In-form Kiwis five-eighth Dylan Brown reckons the foundations of CommBank Stadium will be rocked in tomorrow night's Pacific Championship final 14:57

     Law and Order:
    Biosecurity are waiting to confirm if another yellow-legged hornet's been found in Auckland 14:07

     Environment:
    Severe thunderstorm watches are in place for the west coast of Northland and Auckland from 1pm today 13:47

     Motorsports:
    Kiwi Formula One driver Liam Lawson doesn't rate his chances in tomorrow morning's Sprint Race at the Sao Paulo Grand Prix 13:27

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