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13 Oct 2024 10:40
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      Home > News > Business

    Interest in buying property has spiked, partly thanks to low interest rates and prices

    Interest in buying property has spiked, partly thanks to low interest rates and prices


    Latest figures from the Real Estate Institute show the national median house price dropped 0-point-6 percent in the year to August.

    Auckland is pushing down the national median price -- recording a 4-percent drop.

    Oneroof Editor Owen Vaughan says he expects more positive figures going forward this year as the market comes back to life.

    © 2024 Newstalk ZB, NZCity

     Other Business News
     13 Oct: The nurses' union says it's disappointed with Health Commissioner Lester Levy's comments on under-funding
     12 Oct: At least 600 people are being impacted by a BNZ systems issue
     12 Oct: Bookstores are curbing retail trends, with demand on the rise
     12 Oct: Economists are confident the war's been won against inflation
     12 Oct: Food banks across the country are struggling to keep up with demand
     11 Oct: Migration data's pointing toward another potential Official Cash Rate cut
     11 Oct: Greater Wellington Regional Council's debt has officially ticked over one billion dollars
     Top Stories

    RUGBY RUGBY
    The Black Ferns are committed to becoming a defensive wall in today's W-X-V-1 game against France in Vancouver More...

    BUSINESS BUSINESS
    The nurses' union says it's disappointed with Health Commissioner Lester Levy's comments on under-funding More...


     Today's News

    		 Auckland:
    A person has been taken to hospital in a critical condition following a crash in Mangere Bridge in Auckland 10:27

     Law and Order:
    Seven years after Abby Williams and Libby German disappeared in Indiana, alleged killer Richard Allen faces trial 10:07

     Auckland:
    A teenager and woman have been taken to hospital with serious-to-critical injuries in Auckland 10:07

     Golf:
    Kiwi golfer Ryan Fox is even par through the first nine holes of his 3rd round at the Black Desert Championship in Utah...currently in 60th place, 12 shots off the pace 9:57

     Sailing:
    A month away from competitive racing hasn't harmed Team New Zealand 9:47

     Business:
    The nurses' union says it's disappointed with Health Commissioner Lester Levy's comments on under-funding 9:27

     Rugby:
    The Black Ferns are committed to becoming a defensive wall in today's W-X-V-1 game against France in Vancouver 9:27

     Cricket:
    The White Ferns have cleaned up Sri Lanka by eight wickets at the T20 World Cup in the UAE...winning with 15 balls to spare 8:57

     International:
    With Hezbollah in Israel's sights, Beirut is a tale of two cities where life continues as normal while bombs fall 8:57

     Motoring:
    Reigning Supercars champion Brodie Kostecki has blitzed the top-10 shootout to secure pole position for the Bathurst 1000, starting beside Cam Waters on the front tow 8:17

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