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18 Jul 2025 17:16
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  •   Home > News > Local Politics

    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 Local Politics News
     17 Jul: Calls for more cash to go towards promoting local elections - to cure low voter turnout
     12 Jul: Farms and orchards in the Nelson Tasman region have been carved up by floodwaters following severe weather
     11 Jul: Belief more international routes are on the way for Christchurch
     09 Jul: The Hamilton Mayor's not bothered by the French rugby team's decision to stay outside the city, in the lead-up to their test against the All Blacks
     04 Jul: Christchurch City Council has taken to the air to understand how storms have changed our coastlines
     02 Jul: Tauranga's Mayor says the region wants certainty, as a deal with the Government inches closer
     02 Jul: Memo to Shane Jones: what if NZ needs more regional government, not less?
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     Today's News

    Accident and Emergency:
    A person's been seriously injured in a single-vehicle crash in the Bay of Plenty's Kawerau, about 3.20 16:57

    Soccer:
    The Wellington Phoenix men will be missing a large number of their regular starting players for tomorrow's pre-season wrangle with Welsh side Wrexham  16:27

    Health & Safety:
    Why your next cervical screening could be a 'completely different experience' 16:07

    Politics:
    A small lift in euthanasia deaths 15:27

    Netball:
    Sunday's elimination final in netball's ANZ Premiership comes with extra meaning for Mainland Tactix captain Erikana Pedersen 14:57

    Entertainment:
    Joaquin Phoenix has apologised to David Letterman for his infamous "horrible" appearance on The Late Show 14:40

    Rugby:
    Returning All Black Anton Lienert-Brown's promoting time travel as one of Hamilton's biggest assets, ahead of the third test against France 14:27

    Swimming:
    Moesha Johnson wins 5km open-water swim at Singapore World Aquatics Championships 14:17

    Entertainment:
    Rob Kardashian hasn't had a girlfriend since his daughter was born 14:10

    Rugby League:
    The Warriors reckon there's plenty of time to determine the playing future of club legend Roger Tuivasa-Sheck  14:07


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