News | Business
17 Sep 2025 13:53
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

    Median house prices around the country are continuing to climb..

    Median house prices around the country are continuing to climb..


    Real Estate Institute figures show the national median went up 11.8 per cent to 615-thousand-dollars in the year to January 2020, with seven regions hitting record averages.

    Chief executive Bindi Norwell says it's driven by low interest rates and increasing consumer market confidence.

    She says there's also more urgency in the market - with the average sale period dropping from 48 to 42 days.

    © 2025 Newstalk ZB, NZCity

     Other Business News
     17 Sep: New Zealand's current account deficit has narrowed to its smallest point in four years
     17 Sep: Potential traces of salmonella has forced a recall of 'Deep' brand's Green Garlic
     17 Sep: Primary school teachers are demanding more resourcing and support, as they prepare to strike
     17 Sep: Dairy prices have fallen another 0.8 percent at this morning's Global Dairy Trade auction
     16 Sep: ???1;Falling interest rates are yet to flow through to the housing market
     16 Sep: Otago has emerged as the most expensive region in New Zealand, for renters
     16 Sep: Watties has explained its decision to suddenly end contracts with local peach suppliers
     Top Stories

    RUGBY RUGBY
    World Rugby have snapped back at criticism over their handling of the biting incident in the women's World Cup quarter-finals More...


    BUSINESS BUSINESS
    New Zealand's current account deficit has narrowed to its smallest point in four years More...



     Today's News

    Business:
    New Zealand's current account deficit has narrowed to its smallest point in four years 13:47

    Environment:
    Heavy rain and strong wind's made landfall in the South Island - causing power outages and a road closure 13:37

    Rugby:
    World Rugby have snapped back at criticism over their handling of the biting incident in the women's World Cup quarter-finals 13:37

    International:
    Does washing your fruit and veggies remove chemicals? 13:37

    Entertainment:
    Hannah Einbinder joked she had thought it was "cooler to lose" until she won her first Emmy Award on Sunday (14.09.25) 13:31

    International:
    Hundreds of childcare workers blacklisted but parents kept in the dark 13:27

    Law and Order:
    Court documents reveal how Charlie Kirk shooting suspect Tyler Robinson allegedly confessed 13:07

    Rugby League:
    Melbourne's kiwi halfback Jahrome Hughes is growing in confidence he will be available for the Storm's NRL preliminary final next weekend 13:07

    Entertainment:
    Owen Cooper became the youngest ever male Primetime Emmy Award winner on Sunday (14.09.25) 13:01

    Entertainment:
    Prince Harry intends to "focus" more on his father King Charles over the next year 12:31


     News Search






    Power Search


    © 2025 New Zealand City Ltd