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23 Apr 2025 7:55
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  •   Home > News > Business

    House sales are picking up, as house prices continue to fall

    House sales are picking up, as house prices continue to fall


    Latest Real Estate Institute data shows the number of homes sold last month, was 12.8 percent higher than the same month last year.

    It's putting the change down to falling interest rates, along with lower house prices in many parts of the country.

    The national median house price has dropped another 1.4 percent in the past year.

    Auckland and Wellington are continuing to see sharper declines, while Canterbury's median price is flat.

    © 2025 Newstalk ZB, NZCity

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     Today's News

    Entertainment:
    Katie Price is "heartbroken" over her son Harvey's weight issues and worries he's now at risk of suffering a heart attack 7:48

    Business:
    Suggestions an IRD crackdown could be contributing to the increasing number of company liquidations 7:47

    Rugby League:
    A couple of key returns for the Warriors for Friday's NRL clash against the Knights in Christchurch 7:37

    International:
    Pacific airfield that set stage for atomic bombing of Japan set for revival 7:27

    Cricket:
    Michael Bracewell has come out on top in the latest Battle of the Black Caps in cricket's Pakistan Super League 7:27

    Entertainment:
    Joss Stone and her husband sleep in separate rooms 7:18

    Law and Order:
    The possibility of John and Mike Beckenridge being alive will be looked into further in a hearing in Christchurch 7:17

    Living & Travel:
    Pope Francis promised 'decisive action' on sexual abuse, but critics say his legacy is complicated 7:07

    Law and Order:
    Claims a man helped a father and step-son missing from Southland to escape, will be the centre of a hearing in Christchurch 7:07

    Entertainment:
    Bella Ramsey sometimes wishes they hadn't come out as non-binary 6:48


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