News | Business
21 May 2025 15:09
NZCity News
NZCity CalculatorReturn to NZCity

  • Start Page
  • Personalise
  • Sport
  • Weather
  • Finance
  • Shopping
  • Jobs
  • Horoscopes
  • Lotto Results
  • Photo Gallery
  • Site Gallery
  • TVNow
  • Dating
  • SearchNZ
  • NZSearch
  • Crime.co.nz
  • RugbyLeague
  • Make Home
  • About NZCity
  • Contact NZCity
  • Your Privacy
  • Advertising
  • Login
  • Join for Free

  •   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

     Other Business News
     21 May: Signs New Zealand has enough stored energy to get through winter
     21 May: Uncertainty in the wine industry, despite an upturn in harvests
     21 May: An empty section in a sought-after Christchurch suburb has sold for just over 1.5 million dollars
     20 May: Fuel giant Gull - needs to look to its laurels for cheap fuel - with a Z-Energy competitor nipping at its heels
     20 May: The Government's making a promise to keep on top of rail maintenance
     20 May: The The Finance Minister's promising no nonsense - in Thursday's Budget
     20 May: The Rail Minister believes having good railway services across the country is a no brainer
     Top Stories

    RUGBY RUGBY
    Former All Black Sonny Bill Williams insists faith has played a key role in Moana Pasifika captain Ardie Savea's Super Rugby campaign More...


    BUSINESS BUSINESS
    Signs New Zealand has enough stored energy to get through winter More...



     Today's News

    Law and Order:
    A 47-year-old woman has been sent to prison for repeatedly stabbing a Christchurch taxi driver 14:57

    Accident and Emergency:
    One person's died after a single-vehicle crash on Timaru's Evans Street this morning 14:47

    Entertainment:
    Domhnall Gleeson has acknowledged his privilege as a 'nepo baby' and says it's important the acting business is accessible to all 14:36

    National:
    What’s the difference between skim milk and light milk? 14:07

    Business:
    Signs New Zealand has enough stored energy to get through winter 14:07

    Entertainment:
    Brittany Snow was horrified when a "very famous DJ" fell asleep while they were "making out" 14:06

    Entertainment:
    Robert Pattinson has a new "energy" since becoming a father 13:36

    Living & Travel:
    A Christchurch City Councillor says moves are under way, to make the hospital surrounds safer at night 13:27

    Politics:
    UN issues warning as Gazan babies face food shortages 13:17

    Law and Order:
    A Dunedin police office's suffered an asthma attack, when a man being arrested sprayed deodorant in her face 13:07


     News Search






    Power Search


    © 2025 New Zealand City Ltd