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1 Nov 2025 21:20
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  •   Home > News > Business

    The average price of a home in 2000, has more than quadrupled

    The average price of a home in 2000, has more than quadrupled


    But OneRoof and Valocity have found affordability's worsened - with household incomes failing to keep pace.

    In Auckland, the median house price is now 7.4 times the median income.

    OneRoof editor Owen Vaughan says prices have also surged at a higher rate in the regions - with areas like Southland jumping more than 650 percent.

    He says while the dollar value isn't as big, the percentage change is quite considerable.

    © 2025 Newstalk ZB, NZCity

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     Today's News

    Law and Order:
    A person's been arrested after a grievous assault on Manurewa's Mahia Road just after 7 this evening 21:16

    Basketball:
    The Chicago Bulls are emulating their famous 19-96 NBA basketball squad led by Michael Jordan 18:57

    Health & Safety:
    Two new measles cases have been confirmed in Wellington; one a student at Wellington Girls College 18:36

    Motoring:
    State Highway One in Christchurch's Hei Hei's now reopened - after a house fire forced it to close 18:06

    Auckland:
    A Lamborghini's burst into flames in a two-vehicle crash in Auckland's Remuera this afternoon 17:27

    Soccer:
    Auckland FC striker Jesse Randall is impressing coach Steve Corica with his standards on and off the pitch ahead of today's home A-League clash against Adelaide United 16:57

    Rugby:
    One of the newest All Blacks has lingering memories of the 20-16 loss to Ireland in Chicago 16:17

    Politics:
    Japan wants to hire more bear hunters after record number of people attacked 15:37

    Rugby:
    The All Blacks admit they've had some inside intel on the Irish, ahead of tomorrow's clash at Soldier Field in Chicago 15:27

    Rugby:
    Intensity and defence are the keys All Blacks captain Scott Barrett's highlighting in tomorrow's opening Grand Slam test against Ireland 15:26


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