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15 Jun 2025 16:38
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  •   Home > News > National > Wellington

    Wellington's housing market remains on the weaker end of the scale

    Wellington's housing market remains on the weaker end of the scale


    New analysis from Cotality, formerly CoreLogic, shows property values in parts of Auckland and Wellington are more than 20 percent off their highs, seen in the Covid-era boom.

    Chief Property Economist, Kelvin Davidson, says given how far prices have fallen in the capital, some people might be starting to see value again.

    He says interest rates have come down so that might start to turn the market around.

    © 2025 Newstalk ZB, NZCity

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