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27 Oct 2021 12:23
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  •   Home > News > Business

    New Zealand's residential real estate resilience means big price jumps in all major centres

    New Zealand's residential real estate resilience means big price jumps in all major centres


    CoreLogic's 'Mapping the Market Report' shows 771 of the country's 983 suburbs have seen median increases in the past year of 100-thousand-dollars or more.

    Chief Property Economist Kelvin Davidson says the figures are staggering.

    He says the dollar gains in some of the more expensive suburbs are very high -- up to 400 to 500-thousand dollars.

    Auckland's Herne Bay is the country's priciest suburb -- with a median value of 3.25-million.

    Ponsonby is the country's top performer, with a gain of nearly 600-thousand-dollars.

    © 2021 Newstalk ZB, NZCity

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     Top Stories

    RUGBY RUGBY
    The All Blacks have ratcheted up Covid protocols heading into the European leg of their end-of-year tour More...


    BUSINESS BUSINESS
    Covid-19 vaccine mandates could be a big relief for New Zealand's food exporters More...



     Today's News

    Rugby:
    The All Blacks have ratcheted up Covid protocols heading into the European leg of their end-of-year tour 11:54

    Entertainment:
    Ireland Baldwin and Hailey Bieber have sent messages of support to Halyna Hutchins' family 11:50

    Environment:
    Police say they're disappointed by protesters at Auckland's northern and southern Covid-19 borders 11:44

    Entertainment:
    Melissa McCarthy says she would be a great maths teacher 11:20

    Cricket:
    South Africa wicketkeeper Quinton de Kock withdraws from Twenty20 World Cup match for refusing team directive to take the knee 11:14

    Rugby League:
    The race is intensifying for the last two places at the ATP World Tour finals in Turin next month 11:04

    Rugby:
    The All Blacks camp are on a heightened Covid alert after a positive test in the Welsh camp 10:54

    International:
    Gina Rinehart says polar bear numbers have increased. Is that correct? 10:54

    Entertainment:
    Jesy Nelson has revealed that her new single 'Boyz' was the first solo song she wrote 10:50

    International:
    Queen Elizabeth II cancels plans to travel to Glasgow COP26 climate summit on doctors' advice to rest 10:34


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