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5 Apr 2025 21:39
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      Home > News > Business

    House prices remain well below what they were a few years ago, particularly in Auckland and Wellington

    House prices remain well below what they were a few years ago, particularly in Auckland and Wellington


    The Real Estate Institute's House Price Index has now fallen 14.5 percent, since house prices reached record highs in 2021.

    Prices in Wellington are down 23-percent from their peak.

    Prices in Auckland are down 20.5 percent, with agents there "hoping" for a "steady improvement" in sales and prices, as interest rates continue to fall.

    Prices in Canterbury are down 3-percent.

    The national median house price is now 772-thousand, down 2.4 percent on this time last year.

    © 2025 Newstalk ZB, NZCity

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     Today's News

    		 Law and Order:
    Police staff and patrol cars are intentionally being rammed every second day across the country 21:16

     Rugby:
    The Highlanders acknowledge the Western Force will be brimming with belief heading into tonight's Super Rugby Pacific contest in Perth 18:56

     Rugby:
    All Blacks Sevens coach Tomasi Cama admits the loss of leadership has been a challenge during their underwhelming World Series campaign 18:36

     International:
    Australian space tourist returns to Earth after private flight over the poles 18:16

     Rugby:
    Moana Pasifika have won back-to-back games for the first time in their Super Rugby Pacific history 18:06

     Rugby:
    All Blacks Sevens coach Tomasi Cama is pointing to the lack of sevens experience with which new players are entering the senior environment 17:36

     Christchurch:
    One person's seriously injured after two vehicles crashed on State Highway 1 in Sanson, near Palmerston North 17:36

     Motorsports:
    Liam Lawson's logged the 12th-fastest time in the final practice session before tomorrow's Japanese Grand Prix at Suzuka 16:57

     Rugby:
    It won't be tonight, but Beauden Barrett is desperate to check out one of the hottest tickets going in Kiwi sport 16:17

     Living & Travel:
    How to get the most from potted citrus and when they'll fruit 16:06

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