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12 Aug 2025 15:40
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  •   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

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     Today's News

    Business:
    Businesses in South Waikato and Tauranga have been caught selling alcohol to minors in undercover operations 15:27

    Entertainment:
    Pixie Lott has revealed she is due to give birth to her second child in early September 15:12

    Politics:
    Acceptance more work needs doing at Canterbury's in-patient mental health service - after a review 14:57

    Accident and Emergency:
    Police have recovered the body of a Northland man who never returned from a solo kayaking trip 14:57

    Entertainment:
    Katy Perry has revealed the bruises and scrapes she has sustained while performing on her Lifetimes tour 14:42

    Maori:
    Maori wards: how the Hobson’s Pledge campaign relies on a ‘historical fiction’ 14:17

    Entertainment:
    Kelly Clarkson will reportedly return to her talk show this autumn 14:12

    Accident and Emergency:
    A person's been seriously injured in a crash between a car and a motorbike on State Highway Two near Maramarua - in northeast Waikato 14:07

    Entertainment:
    Emma Willis is "all good now" after undergoing heart surgery earlier this year 13:42

    Netball:
    Former Northern Mystics goal shoot Donnell Wallam has found a home in her return to the Australian Super Netball competition 13:27


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