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4 Mar 2025 10:28
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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

    1 March 2025
    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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