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16 Feb 2026 19:07
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      Home > News > Business

    The housing market may be yet to turn a corner

    The housing market may be yet to turn a corner


    The Real Estate Institute's House Price Index has fallen another 0.7 percent in the past year.

    The index is now 16.2 percent below its 2021 peak.

    It's 23.6 percent below the peak in Auckland, and 26.9 percent the peak in Wellington.

    The average property is taking 54 days to sell - unchanged on a year ago.

    © 2026 Newstalk ZB, NZCity

     Other Business News
     16 Feb: Severe weather has impacted the housing market
     16 Feb: People didn't reach into their pockets as much as retailers hoped, over summer
     16 Feb: More evidence of an improving economy - from the amount of freight hitting our roads
     16 Feb: Potential for cost-cutting in the 1.8 billion dollar Interislander replacement plan
     16 Feb: Strong signs of economic turnaround from the latest half-year results
     16 Feb: Retailers remain cautious despite a bump in card spending over the New Year period
     16 Feb: The Prime Minster says he's proud of the India Free Trade Agreement and isn't phased by Labour's raised red flags
     Top Stories

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    A Super Rugby referee clanger in round one More...

    BUSINESS BUSINESS
    Severe weather has impacted the housing market More...


     Today's News

    		 General:
    How cheating allegations have rocked the curling teams at the Olympics 19:07

     Business:
    Severe weather has impacted the housing market 18:57

     Entertainment:
    The FBI has revealed "new identifying details" about a suspect in Nancy Guthrie's disappearance 18:57

     Environment:
    Almost 5-thousand households across the Wellington region remain without power 18:37

     Entertainment:
    The Backstreet Boys would love to perform the Super Bowl Halftime Show in 2027 18:27

     Entertainment:
    'Signal sniffers' used in search for missing person Nancy Guthrie's pacemaker 18:07

     Rugby:
    A Super Rugby referee clanger in round one 18:07

     Entertainment:
    Reese Witherspoon feels "devastated" by James Van Der Beek's death 17:57

     Rugby League:
    NRL boss Andrew Abdo believes the change in State of Origin eligibility rules will help modernise rugby league 17:37

     Business:
    People didn't reach into their pockets as much as retailers hoped, over summer 17:27

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