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6 Jul 2025 5:41
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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.

    © 2025 Newstalk ZB, NZCity

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    The basketball might of the United States isn't fazing the Junior Tall Blacks ahead of their historic Under-19 World Cup semifinal, overnight in Switzerland More...


    BUSINESS BUSINESS
    The Toyota's RAV4's held it's top spot as the favourite passenger car - in a standout month for vehicle sales More...



     Today's News

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    Basketball:
    The basketball might of the United States isn't fazing the Junior Tall Blacks ahead of their historic Under-19 World Cup semifinal, overnight in Switzerland 21:57

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    Rugby:
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    Entertainment:
    Olivia Munn has alleged a director tried to "ruin her chances" of working after a disagreement on set 21:06

    Entertainment:
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    Entertainment:
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    Torrential rain has unleashed deadly flash floods along the Guadalupe River in south-central Texas 18:37


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