News | Business
17 Jun 2025 12:12
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

    The property market is slowing down despite an increase in sales

    The property market is slowing down despite an increase in sales


    Real Estate Institute of New Zealand's latest figures show the median price declined by 1.1 percent in April compared to the same time last year - dropping to 781 thousand dollars.

    The number of properties sold increased by 9.5 percent.

    Acting Chief Executive Rowan Dixon says prices continue to decline - with 38 thousand properties on the market across the country.

    © 2025 Newstalk ZB, NZCity

     Other Business News
     17 Jun: South Island's largest supermarket will open early and under budget in Christchurch's Rolleston
     17 Jun: Selwyn District Council has opened consultation on a new Deed of Licence for Upper Selwyn Hutts
     16 Jun: Leonard Lauder, eldest son of Estée Lauder founders and former CEO, dies aged 92
     16 Jun: Three Auckland property owners have been fined more than 40-thousand-dollars between them, for serious breaches of the Resource Management and Building Acts
     16 Jun: A site in Wellington's Happy Valley is set to be transformed into a new bus depot
     16 Jun: A push to make more Northland homes warm and dry this winter
     14 Jun: Global trade disruptions pose the biggest threat to New Zealand's economic recovery
     Top Stories

    RUGBY RUGBY
    A reminder to sharpen tackle techniques for Crusaders defence coach Matt Todd, heading into Saturday's Super Rugby decider against the Chiefs More...


    BUSINESS BUSINESS
    South Island's largest supermarket will open early and under budget in Christchurch's Rolleston More...



     Today's News

    Entertainment:
    Zoe Saldana wishes her children had no idea she was an actress 11:59

    Rugby:
    A reminder to sharpen tackle techniques for Crusaders defence coach Matt Todd, heading into Saturday's Super Rugby decider against the Chiefs 11:57

    Basketball:
    Oklahoma City guard Shai Gilgeous-Alexander has outlined where he expects the fifth game of the NBA basketball finals against Indiana to get decided 11:47

    Cricket:
    White Ferns one-day international cricket captain Sophie Devine admits to coping with a wave of emotions after announcing her decision to retire from the 50-over format 11:37

    Entertainment:
    Snoop Dogg's dog has died 11:29

    National:
    The battle for TikTok is at the forefront of a deeper geopolitical trend 11:17

    International:
    Accused Minnesota assassin Vance Boelter visited homes of two other Democrats, prosecutors say 11:17

    Entertainment:
    Kim Cattrall is still smitten with her "fun playmate" Russell Thomas after almost 10 years together 10:59

    Politics:
    Cost of living stress may be shaping the wellbeing of the country's workforce 10:47

    National:
    ‘No kings!’: like the LA protesters, the early Romans hated kings, too 10:37


     News Search






    Power Search


    © 2025 New Zealand City Ltd