News | Upper South Island
17 Aug 2025 21:35
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  •   Home > News > National > Upper South Island

    House prices are continuing to fall, but some parts of the country keep bucking the trend

    House prices are continuing to fall, but some parts of the country keep bucking the trend


    Real Estate Institute figures show the median price has fallen 1.7 percent in the past 12 months, with declines in Auckland and Wellington.

    But Canterbury's median rose 4-and-half percent.

    Institute Chief Executive, Jen Baird, says medians in Gisborne and Nelson also went up more than a quarter.

    Nelson's median price has reached an all-time record high of 840-thousand dollars.

    © 2025 Newstalk ZB, NZCity

     Other Upper South Island News
     10 Aug: Fire crews are working to put out a large building fire near Hokitika on the South Island's West Coast
     09 Aug: Former All Black Leicester Fainga'anuku's led Tasman to a 49-17 NPC trouncing of Manawatu in his return to Trafalgar Park in Nelson
     04 Aug: A dog team and searchers will be out in another area of interest, in hopes of finding Roy Arbon, who's missing on the West Coast
     03 Aug: State Highway 8 in Alexandra has reopened after a two vehicle crash at about 7:40 this evening
     31 Jul: Searchers have put more than 750 hours into the hunt for Roy Arbon - missing on the West Coast
     29 Jul: Police have found the bike of a tramper missing on the South Island's West Coast, for almost a week
     27 Jul: Severe wet weather is expected to return to the South Island's West Coastm by Tuesday
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     Today's News

    Living & Travel:
    Three people and two dogs are trapped in a cable car over the Whanganui River 21:17

    Law and Order:
    Mass murder investigation in Indian temple town amid whistleblower's claims of secret burials 20:27

    Environment:
    Snowfall warnings are in place in the South Island, starting tomorrow 18:57

    Law and Order:
    A Palmerston North house has led to the arrest of a 26-year-old man found at the scene 18:37

    Accident and Emergency:
    Three crews are battling a house fire on Palmerston North's Main Street 18:07

    Law and Order:
    Our newsroom can reveal rival gangs the Head Hunters, the Two Eight Brotherhood, and potentially the Crips allegedly used the same network of corrupt baggage handlers for drug smuggling 17:27

    Rugby League:
    The Rabbitohs NRL win over the Eels has come at a literal cost for back rower Jacob Host 17:27

    Rugby:
    Otago have come out on top in a 12 try NPC extravaganza - prevailing 46-41 over Wellington in Porirua 16:57

    Rugby:
    The Wallabies expect a Boks backlash to be in the forecast after their stunning victory in Johannesburg 16:17

    International:
    Trump is calling for peace. But how exactly do you end a war? 16:17


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