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14 Nov 2025 12:24
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  •   Home > News > National > Wellington

    A property expert believes it's a good time to hold on to a property, as Wellington heads into local body elections later this year

    A property expert believes it's a good time to hold on to a property, as Wellington heads into local body elections later this year


    The latest Real Estate Institute House Price Index shows median prices in the capital are 25.6 percent below four years ago, and steadily falling.

    Tommy's Real Estate Agent Billy Bell says a local election and projected rates increases could test the capital's property market.

    He says the property market will come right - and when it does, it will be worth having a property.

    © 2025 Newstalk ZB, NZCity

     Other Wellington News
     14 Nov: A wastewater treatment plant is once again sending a bad smell across Lower Hutt
     13 Nov: Wellington Phoenix skipper CJ Bott returns to the Football Ferns squad for two upcoming football friendlies against the Matildas across the Tasman
     09 Nov: Wellington Phoenix coach Giancarlo Italiano has accepted that refining the team's much talked about defensive high line will take time
     08 Nov: Wellington Phoenix coach Giancarlo Italiano is backing his side to handle the occasion of tonight's first A-League Kiwi derby of the season against Auckland FC in the capital
     08 Nov: Auckland FC will look to avoid getting caught up in the emotion of tonight's A-League derby against the Phoenix in Wellington
     08 Nov: Koko-tau Road, in Wellington's Parkvale, is closed following a serious crash involving cyclists
     07 Nov: Concerns from Wellington Phoenix coach Giancarlo Italiano over the A-League's officiating following a season-ending injury to one of his key attackers
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