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27 Nov 2025 8:29
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      Home > News > Business

    A new One Roof report suggests the house price gains of 2021 are being wiped out

    A new One Roof report suggests the house price gains of 2021 are being wiped out


    The nationwide average property value has fallen 2.9 percent in the last three months to just over a million dollars ... a 21-thousand dollar decrease.

    Editor Owen Vaughan says the Greater Wellington area was hardest hit by the market slow down, with an 8.3 percent dip.

    He says it's likely because it had the biggest price surge last year... meaning the comedown's hitting harder.

    © 2025 Newstalk ZB, NZCity

     Other Business News
     27 Nov: The Reserve Bank Governor is leaving the job tomorrow, with no major regrets about the pace of OCR cuts
     27 Nov: Don't bank on any further cuts to the Official Cash Rate
     27 Nov: Newly released figures suggest many victims don't believe the justice system is fair and effective
     26 Nov: The days of New Zealand's rockstar economic growth aren't likely to return any time soon
     26 Nov: The Reserve Bank's slashed the Official Cash Rate, and is leaving its options open on what's next
     26 Nov: A man's appearing in court today charged with arson - over a large fire at a plastic recycling business south-west of Auckland, at Waiuku, on Monday night
     26 Nov: Tensions are rising over Christchurch's temporary stadium, with Canterbury Rugby League claiming it's owed hundreds of thousands dollars in revenue
     Top Stories

    RUGBY RUGBY
    Former Wallabies coach John Connolly believes world rugby is in the strongest state it's ever been More...

    BUSINESS BUSINESS
    The Reserve Bank Governor is leaving the job tomorrow, with no major regrets about the pace of OCR cuts More...


     Today's News

    		 Business:
    The Reserve Bank Governor is leaving the job tomorrow, with no major regrets about the pace of OCR cuts 8:17

     Entertainment:
    Demi Lovato "expected to be married by a certain age" 8:08

     Soccer:
    Liverpool are tasked with reversing their football form slump in this morning's Champions League match against PSV Eindhoven at Anfield 8:07

     Motoring:
    Auckland Transport's launched consultation on improving congestion on three major routes 7:57

     Environment:
    Hot weather, strong winds and heavy rain are in store for much of the South Island 7:47

     Entertainment:
    Zayn Malik has always felt inspired by Eminem 7:38

     Business:
    Don't bank on any further cuts to the Official Cash Rate 7:37

     Law and Order:
    One year before his 1978 assassination, California's first openly gay official Harvey Milk recorded his final words 7:37

     Business:
    Newly released figures suggest many victims don't believe the justice system is fair and effective 7:37

     Law and Order:
    Three people have been arrested after a major investigation into the illegal sale of cannabis in Canterbury 7:17

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