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1 Jul 2022 19:21
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  •   Home > News > Business

    The resale value of residential real estate... is slightly weakening

    The resale value of residential real estate... is slightly weakening


    A CoreLogic report shows the median profit dipped to 406 thousand dollars in the three months to March, down from a record high of 435 thousand in 2021's last quarter.

    Chief Property Economist Kelvin Davidson says while the figures have softened consistent with the wider market slowdown, the fall is only minor.

    He says it may be some time before we see more substantial declines in profit-making resales.

    © 2022 Newstalk ZB, NZCity

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    BUSINESS BUSINESS
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     Today's News

    Motoring:
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    Entertainment:
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    Law and Order:
    A 20-year-old man's been arrested in relation to a Whakatane hit and run 18:39

    Entertainment:
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    International:
    'Cryptoqueen' accused of $US4 billion OneCoin fraud added to FBI's most-wanted list 18:09

    Law and Order:
    A former Dilworth associate housemaster who was involved in the Auckland school's Scouts group has been sentenced to prison for sexual abuse of students in the 1980s and 1990s 18:09

    Entertainment:
    Meghan, Duchess of Sussex, has again asked for a lawsuit brought against her by her half-sister be dismissed 17:51

    Auckland:
    Auckland paramedics have rushed a person to hospital with serious injuries after an altercation in Henderson 17:39

    Rugby:
    Dalton Papalii is ready to play blindside if required in the test series against Ireland 17:29

    Hockey:
    A relaxed approach from Black Sticks defender Stephanie Dickins heading into the women's Hockey World Cup in the Netherlands 17:29


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