News | Business
12 Feb 2026 8:09
| outlook hotmail | yahoo mail | gmail | news | weather | finance | shopping | about nzcity | Search |
NZCity News
NZCity CalculatorReturn to NZCity
SEARCH 

  • Start Page
  • Personalise
    •    News
  • Sport
  • Weather
  • Finance
  • Shopping
  • Jobs
  • Horoscopes
  • Lotto Results
  • Photo Gallery
  • Site Gallery
  • TVNow
  • Dating
  • SearchNZ
  • NZSearch
  • Crime.co.nz
  • RugbyLeague
  • Make Home
  • About NZCity
  • Contact NZCity
  • Your Privacy
  • Advertising
  • Login
  • Join for Free

    •
      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

     Other Business News
     12 Feb: Signs the economy is gaining momentum after a tough stretch
     12 Feb: The Local Government Minister's flagged concerns over a sharp rates increase in Christchurch
     12 Feb: Our economy looks to be on firm footing this year, after a rocky few years
     12 Feb: New Zealand homeowners are holding onto their properties for the longest period yet
     11 Feb: Calls for Government intervention on power bills - with predictions of another big bump
     11 Feb: The Government's announced an independent review of the fiscal response to the Covid pandemic
     11 Feb: ASB's reported fairly flat growth in the second half of last year
     Top Stories

    RUGBY RUGBY
    Jamie Joseph claims Highlanders Super Rugby headquarters is the place where there is the least chatter about his possible future as All Blacks coach, as he tries to avoid distractions for tomorrow's opener against the Crusaders More...

    BUSINESS BUSINESS
    Signs the economy is gaining momentum after a tough stretch More...


     Today's News

    		 Business:
    Signs the economy is gaining momentum after a tough stretch 8:07

     Politics:
    Transparency concerns as Bougainville mine that sparked civil war on path to reopen 7:57

     Sailing:
    Repairers have ensured the Black Foils will take to the water at this weekend's SailGP Auckland regatta 7:57

     Entertainment:
    Miranda Kerr meditates with her children 7:51

     Business:
    The Local Government Minister's flagged concerns over a sharp rates increase in Christchurch 7:47

     Rugby:
    Jamie Joseph claims Highlanders Super Rugby headquarters is the place where there is the least chatter about his possible future as All Blacks coach, as he tries to avoid distractions for tomorrow's opener against the Crusaders 7:37

     General:
    Jakara Anthony misses medals at 2026 Winter Olympic Games in Milano Cortina 7:27

     Business:
    Our economy looks to be on firm footing this year, after a rocky few years 7:27

     Entertainment:
    Chadwick Boseman's widow doesn't want the actor's legacy to be "distilled" by his death 7:21

     Law and Order:
    The Court of Appeal's beginning to dig into the legal weeds, of the mosque terrorist's attempt to overturn his convictions and sentence 7:17

     News Search




    Power Search

    © 2026 New Zealand City Ltd