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27 Apr 2024 6:11
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      Home > News > Business

    Fasten your seatbelt...the housing market could be about to take off

    Fasten your seatbelt...the housing market could be about to take off


    OneRoof data predicts the average Auckland house price could skyrocket threefold - to almost 3-million-dollars by 2040.

    The figures suggest Wairoa in Hawke's Bay will be the cheapest place to buy, with houses affordable at just over 350-thousand.

    Queenstown will likely remain as the most expensive area - with an average home at 4.8 million .

    OneRoof's Owen Vaughan says if the next 20 years are anything like the last 20, it could be a wild ride.

    © 2024 Newstalk ZB, NZCity

     Other Business News
     27 Apr: Pressure's on the Government to deliver for people come Budget day
     26 Apr: Public sector cuts could be to blame for poor economic outlook
     26 Apr: Activity in the housing market is holding its own against the rising cost of borrowing
     26 Apr: The cruise-ship season success is being celebrated -- but there's concern next season could hit an iceberg
     25 Apr: Cheaper citrus fruit may be on the way for shoppers
     25 Apr: It's thought the cost-of-living crisis could bring a silver-lining to Kiwis student loans
     25 Apr: Chris Hipkins says veteran support is an area of unfinished business for him
     Top Stories

    RUGBY RUGBY
    The Chiefs are preparing for a tough physical match-up, when they take on the Waratahs in Sydney More...

    BUSINESS BUSINESS
    Pressure's on the Government to deliver for people come Budget day More...


     Today's News

    		 Politics:
    A health commentator says asking hospitals to find millions in savings by June is a desperate attempt to balance the books 4:37

     Business:
    Pressure's on the Government to deliver for people come Budget day 4:37

     Law and Order:
    25 years after the murder of BBC presenter Jill Dando on her front doorstep, unanswered questions remain 21:47

     Environment:
    Fire and Emergency is urging the public to take extra care with controlled burns 21:17

     Rugby:
    The Chiefs are preparing for a tough physical match-up, when they take on the Waratahs in Sydney 18:57

     Rugby:
    The Chiefs are confident they'll be able to get a result in Sydney tonight without captain Luke Jacobson 18:37

     Rugby:
    Confidence from the Crusaders coach, heading into tonight's must-win home game against the Melbourne Rebels in Christchurch 17:27

     Law and Order:
    Rose McGowan, Ashley Judd and others react to the overturning of Harvey Weinstein's 2020 rape conviction 17:27

     Environment:
    Severe thunderstorms are forecast for Canterbury this evening 16:58

     Rugby:
    The Crusaders coach isn't mincing his words about the Super Rugby Pacific champions' situation 16:58

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