News | Business
3 Aug 2021 23:24
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

    House price growth has dropped off at both ends of the market

    House price growth has dropped off at both ends of the market


    The QV Quartile Index for May shows average monthly growth across the most and least expensive houses in New Zealand was around 1.7 per cent.

    It's the first time growth has dipped below two per cent this calendar year.

    QV general manager David Nagel says we've still got a way to go until we can officially say the property market is cooling off -- with prices still going up.

    Real Estate Institute figures released yesterday show median house prices increased by 32 point 3 per cent in the year to May.

    © 2021 Newstalk ZB, NZCity

     Other Business News
     03 Aug: The Reserve Bank of Australia has today kept its country's cash rate at a record low 0.10 percent
     03 Aug: Doubts the Reserve Bank's tightening of lending ratios will constrain ballooning house prices
     03 Aug: Wellington Mayor Andy Foster may soon know what's in store for the David Jones building
     03 Aug: An explanation of the economics behind a developer forking out 4.3 million dollars for a two bedroom brick and tile house in Auckland's Point Chev
     03 Aug: The Finance Minister's adamant new lending rules won't hurt first home buyers
     03 Aug: A new aviation emergency support plan in Otago has achieved lift-off
     03 Aug: The Electric Vehicle market is charging ahead
     Top Stories

    RUGBY RUGBY
    Several All Blacks have been released to play in this weekend's opening round of the Bunnings NPC More...


    BUSINESS BUSINESS
    The Reserve Bank of Australia has today kept its country's cash rate at a record low 0.10 percent More...



     Today's News

    Rugby:
    Several All Blacks have been released to play in this weekend's opening round of the Bunnings NPC 23:16

    Sailing:
    A disappointing day at the velodrome for the New Zealand men's sprint, who have finished seventh at the Tokyo Olympics 23:06

    Basketball:
    Tokyo Olympics live updates: Aussies in pursuit of more cycling medals, Kookaburras play for the gold medal match 22:56

    Entertainment:
    Mabel has reportedly split from her boyfriend Rome Flynn for the second time 21:34

    Sailing:
    There's no rest for the wicked 21:16

    General:
    IOC launches investigation into treatment of Belarus sprinter Krystsina Tsimanouskaya 21:06

    Entertainment:
    Sarah Ferguson believes Princess Diana would spilt her time between the UK and US to support her sons if she was still alive 21:04

    Entertainment:
    Andie MacDowell missed feeling beautiful during the coronavirus pandemic 20:34

    Entertainment:
    Kerry Katona “can’t say” if Ryan Mahoney is ‘The One’ 20:04

    Entertainment:
    Nelly and Shantel Jackson have split after six years together 19:34


     News Search






    Power Search


    © 2021 New Zealand City Ltd