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17 Feb 2026 7:18
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      Home > News > Business

    The residential property downturn's effects are beginning to snowball

    The residential property downturn's effects are beginning to snowball


    The latest QV Quartile Index shows the mean average home value dropped one percent loss this quarter.

    QV general manager David Nagel says it's also the first time since the end of the 2020 nationwide lockdown... the upper quartile has recorded no value growth.

    He's putting it down to rapidly rising interest rates, affordability constraints and significantly tightened lending criteria.

    © 2026 Newstalk ZB, NZCity

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     Today's News

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     Law and Order:
    A man with a violent history will be sentenced today for murdering a Christchurch mother 7:07

     Entertainment:
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     Entertainment:
    Stephen 'tWitch' Boss's widow Allison Holker has got engaged 6:27

     Rugby League:
    New Zealand Rugby League boss Greg Peters claims Kiwis can only benefit from the changes to State of Origin eligibility 6:07

     International:
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     Entertainment:
    Steven Spielberg has donated $25,000 to help James Van Der Beek's family 21:57

     Business:
    Now's the time to buy for those looking to get on the property ladder 21:57

     Entertainment:
    Michelle Obama got 10 new ear piercings in one sitting 21:27

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