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5 Jan 2025 11:28
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      Home > News > Business

    A booming year for the West Coast housing market

    A booming year for the West Coast housing market

    1 January 2025
    OneRoof's House Price Report finds buying a home in New Zealand is eight thousand dollars cheaper than a year ago - but prices are climbing back up.

    It finds the regions and suburbs that have had the most growth in 2024 - tended to be the most affordable.

    Oneroof editor Owen Vaughan says the average property value in the West Coast region was up 11.2-percent year-on-year to 488-thousand dollars.

    He says first home buyers in that region are taking advantage of the affordability - and being able to get a home within reach of their budget.

    © 2025 Newstalk ZB, NZCity


     Other Business News
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     04 Jan: Microsoft plans to invest around $US80 billion in the expansion of data centres for artificial intelligence (AI) during the current financial year
     04 Jan: Water Safety New Zealand says the country should be proud of a falling drowning rate
     04 Jan: The Reserve Bank remains on standby over summer, as the US prepares for a handover of power, and uncertainty continues in the Middle East and Ukraine
     03 Jan: Two people have died, and 18 others are injured after a small plane crashed into a commercial building, in southern California
     03 Jan: An expectation Maori businesses will continue to start up and expand
     03 Jan: An expectation for house prices to flat-line as 2025's predicted to be a year of cautious stability
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     Today's News

    		 Cricket:
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     Entertainment:
    Coi Leray is pregnant 10:56

     Business:
    After 50 years, the end seems nigh for the humble barcode, which is set to be gradually phased out, and replaced with a next-generation upgrade within two years 10:47

     Soccer:
    A fine morning for leaders Liverpool in the Premier League - without even playing 10:27

     Entertainment:
    Sophia Bush has finalised her divorce 10:26

     Auckland:
    An investigation is underway after one person died in a crash in Karaka, in south Auckland last night 10:07

     Entertainment:
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     General:
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     Cricket:
    A return to the Basin Reserve has delivered fond memories in the ODI format for Black Cap Daryl Mitchell heading into the first one-dayer against Sri Lanka this morning 9:37

     Entertainment:
    Meghan, Duchess of Sussex, has rejoined Instagram 9:26

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