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23 Jan 2026 20:41
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  •   Home > News > Business

    Wellingtonians are being urged to look at new housing data with a grain of salt

    Wellingtonians are being urged to look at new housing data with a grain of salt


    CoreLogic has found 67 suburbs now have a median house value of more than one-million dollars, with Seatoun sitting at just over 2.1 million.

    Another 92 suburbs have increased by more than 100 thousand dollars, with 61 increasing by more than 200-thousand.

    CoreLogic Chief Property Economist Kelvin Davidson says it's not necessarily time to break out the champagne.

    He says people have to remember they're buying and selling in the same market, and flat house prices could be better for many people.

    © 2026 Newstalk ZB, NZCity

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     Today's News

    Environment:
    The Mount Maunganui tragedy reminds us landslides are NZ’s deadliest natural hazard 20:07

    Business:
    An expectation the official cash rate will be held steady as inflation is higher than expected 18:57

    Politics:
    Gloriavale's condemned private school is remaining open for the time being 18:37

    Environment:
    What is a landslide, how do they happen and where are they most common? 18:17

    Rugby:
    All Blacks prop Tamaiti Williams denies player power was behind the early exit of coach Scott Robertson 18:07

    Soccer:
    To football, and South Island United have claimed their first win in the Oceania Pro League 18:07

    Law and Order:
    Police want to hear from anyone who may have seen a 62-year-old man reported missing from the Invercargill area - last seen two weeks ago 17:27

    Tennis:
    Belarusian world number one Aryna Sabalenka's led the charge into the fourth round at the Australian Open 17:07

    Environment:
    Heavy rain is still causing disruption in parts of the North Island 16:57

    Rugby:
    All Blacks prop Tamaiti Williams has dismissed any suggestions of player power being behind the early exit of New Zealand head coach Scott Robertson 16:17


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