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15 Jun 2025 12:56
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      Home > News > Business

    The housing market's cooling - as winter nears

    The housing market's cooling - as winter nears


    Latest Real Estate Institute figures show the national median price declined 1.1 percent in April year on year - but sales rose 9.5 percent.

    Except for Auckland, the median price stayed unchanged, at 700 thousand dollars.

    Acting Chief Executive Rowan Dixon says easing interest rates and job concerns are influencing the market.

    He says both will continue to contribute to turnover.

    © 2025 Newstalk ZB, NZCity

     Other Business News
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     13 Jun: A solar panel wholesaler believes the government's new power policies are a win for all
     13 Jun: Consultant spending in the public sector has fallen to its lowest number in seven years
     13 Jun: A 50-million-dollar capital raise to fund a major expansion to a private hospital in Christchurch, has been over-subscribed by 30 percent, and closed within weeks
     13 Jun: Wimbledon has increased prize money for this year's championships to 120 million dollars, a seven per cent rise and double what was offered a decade ago
     12 Jun: The horticulture sector's celebrating a surge in exports
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    A parochial Crusaders home crowd in Christchurch doesn't worry the Chiefs heading into a third straight Super Rugby final More...

    BUSINESS BUSINESS
    Global trade disruptions pose the biggest threat to New Zealand's economic recovery More...


     Today's News

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     Cricket:
    South Africa's batting hero Aiden Markram hopes the World Test Championship title will inspire a new generation to embrace red ball cricket 12:36

     Politics:
    Praise from a Maori Health expert over amendments to the Healthy Futures Act 12:26

     Accident and Emergency:
    Rescuers are searching for two people missing, after their boat capsized in South Taranaki 12:26

     International:
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     Rugby:
    A parochial Crusaders home crowd in Christchurch doesn't worry the Chiefs heading into a third straight Super Rugby final 11:56

     Auckland:
    A fire investigator is on scene of a boat fire in Stanmore Bay, north of Auckland 11:06

     Law and Order:
    Dunedin Police are asking for the public's help, to locate a 61-year-old woman missing for two days 10:46

     Motorsports:
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     Rugby League:
    Former Warriors head coach Todd Payten is under increasing pressure after his Cowboys suffered another crushing NRL defeat 10:26

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