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16 May 2022 17:46
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  •   Home > News > Politics

    Wellingtonians are being urged to look at new housing data with a grain of salt

    Wellingtonians are being urged to look at new housing data with a grain of salt


    CoreLogic has found 67 suburbs now have a median house value of more than one-million dollars, with Seatoun sitting at just over 2.1 million.

    Another 92 suburbs have increased by more than 100 thousand dollars, with 61 increasing by more than 200-thousand.

    CoreLogic Chief Property Economist Kelvin Davidson says it's not necessarily time to break out the champagne.

    He says people have to remember they're buying and selling in the same market, and flat house prices could be better for many people.

    © 2022 Newstalk ZB, NZCity

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     Today's News

    Business:
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    Entertainment:
    Halsey has spent eight years fighting for a diagnosis for their health issues 17:18

    Business:
    Cycling New Zealand has committed to changing the way it deals with internal issues 17:10

    International:
    US authorities interview parents of suspect in deadly Buffalo, New York, supermarket shooting 16:50

    Motoring:
    Serious damage to a lower Hutt BP this morning, which was smashed into with a stolen digger about 2.30am 16:50

    Entertainment:
    Bruce MacVittie has died aged 65 16:48

    Entertainment:
    A dessert inspired by Queen Elizabeth and Prince Philip's wedding menu has been named the official Platinum Pudding 16:18

    International:
    How are people reacting to Eurovision 2022? Were there voting irregularities? Will Ukraine host next year's competition? 16:00

    Entertainment:
    Travis Scott is being sued by a woman who claimed she suffered a miscarriage after being crushed at Astroworld 15:48

    Business:
    DairyNZ says the Government's commitment of 339-million-dollars to reduce agricultural greenhouse gas emissions will help Kiwi dairy farmers remain 'high-performing' 15:30


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