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1 Mar 2025 19:25
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  •   Home > News > Business

    Eye-opening insights into how our property market's changed over the past 25 years

    Eye-opening insights into how our property market's changed over the past 25 years


    OneRoof and Valocity have found the national median sales price has more than quadrupled - while affordability's worsened.

    OneRoof editor Owen Vaughan says in 2000, you could buy a Herne Bay mansion for half a million dollars - that could be worth more than 40 million now.

    He says those in regional areas have seen the same lift.

    Vaughan says while there's been dips, huge spikes and plunges in the market overtime - the overall trend has been growth of sometimes close to 400 percent.

    © 2025 Newstalk ZB, NZCity

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     Top Stories

    RUGBY RUGBY
    Desperation from the Blues as they look to get their Super Rugby Pacific campaign going against the Hurricanes in Wellington tonight More...


    BUSINESS BUSINESS
    The average price of a home in 2000, has more than quadrupled More...



     Today's News

    Politics:
    Te Kapa Haka o Ngati Whakaue have won the supreme award at this year's kapa haka competition Te Matatini 18:57

    Environment:
    Desperation from the Blues as they look to get their Super Rugby Pacific campaign going against the Hurricanes in Wellington tonight 18:37

    Technology:
    Microsoft to shut down Skype to shift focus towards Teams platform 18:17

    Soccer:
    A Guillermo May double has taken Auckland FC into a two-one lead at halftime, in today's A-League men's match at Mt Smart Stadium 18:07

    Golf:
    South Korean Guntaek Koh has compounded his lead at the New Zealand Golf Open 17:47

    Golf:
    South Korean Guntaek Koh has compounded his lead at the New Zealand Golf Open 17:47

    Accident and Emergency:
    A person has died in a two vehicle crash involving a motorcycle in Waimakariri's Loburn 17:37

    International:
    Donald Trump and Volodymyr Zelenskyy clash in heated meeting at the White House about war in Ukraine 17:27

    Motoring:
    State Highway 2 near Pokeno is closed in both directions after a crash that ended a fleeing driver chase 17:27

    Rugby:
    High scores seem to be the norm this Super Rugby Pacific season, highlighted by the Highlanders' thrilling 31-29 defeat of Moana Pasifika last night at North Harbour Stadium 16:17


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