News | Business
16 Jul 2025 13:20
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

    A property expert believes it's a good time to hold on to a property, as Wellington heads into local body elections later this year

    A property expert believes it's a good time to hold on to a property, as Wellington heads into local body elections later this year


    The latest Real Estate Institute House Price Index shows median prices in the capital are 25.6 percent below four years ago, and steadily falling.

    Tommy's Real Estate Agent Billy Bell says a local election and projected rates increases could test the capital's property market.

    He says the property market will come right - and when it does, it will be worth having a property.

    © 2025 Newstalk ZB, NZCity

     Other Business News
     16 Jul: Inflation's back on the rise around the world
     16 Jul: As house prices drop, will the retirement nest egg still be such a safe bet?
     16 Jul: Dairy prices have risen 1.1 percent at the latest Global Dairy Trade auction
     15 Jul: Tax experts on the 20 per cent HECS-HELP discount and your tax return
     15 Jul: People selling homes are having to settle for less - as median house prices fall across the country
     15 Jul: Foodstuffs is rejecting claims of "cartel conduct"
     15 Jul: Prices are up 2.2 percent in both Christchurch City, and in Canterbury overall
     Top Stories

    RUGBY RUGBY
    All Black Sevu Reece has declared himself ready to return to the test arena More...


    BUSINESS BUSINESS
    Inflation's back on the rise around the world More...



     Today's News

    Entertainment:
    Gina Rodriguez is pregnant 13:10

    Rugby League:
    Former Kiwis fullback Richie Barnett is understanding of the Warriors potentially choosing not to re-sign Te Maire Martin 13:07

    National:
    How AI can help protect bees from dangerous parasites 13:07

    Law and Order:
    The family of victims of a triple fatal crash in Waiuku, in Auckland's south are asking for privacy 13:07

    Entertainment:
    Robbie Williams has revealed that his mother no longer knows who he is due to her dementia 12:40

    Health & Safety:
    Fears Kiwis are ignorant of the signs of bowel cancer 12:17

    Entertainment:
    Ellen DeGeneres has thrown her support behind Rosie O'Donnell amid her latest row with Donald Trump 12:10

    Law and Order:
    Serious charges over an alleged offending spree - including a man driving the wrong way on Auckland's Southern Motorway 11:57

    Entertainment:
    Armie Hammer's ex-girlfriend, Paige Lorenze, is engaged to tennis star Tommy Paul 11:40

    International:
    Donald Trump announces trade deal with Indonesia with a 19 per cent levy to be imposed 11:17


     News Search






    Power Search


    © 2025 New Zealand City Ltd