News | Politics
21 Jan 2022 12:02
NZCity News
NZCity CalculatorReturn to NZCity

  • Start Page
  • Personalise
  • Days of Xmas
  • 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 > Politics

    Wellington's Mayor says he wonders if runaway housing prices may start slowing

    Wellington's Mayor says he wonders if runaway housing prices may start slowing


    Rating valuations have been released for the first time since 2018.

    In the past three years the average Wellington city house has gone up sixty-point-four percent ... to more than one-point-four million dollars.

    All the capital's suburb now average above one-million dollars ... and land values citywide have more than doubled

    Andy Foster says it's making it even harder to get on the property ladder.

    Foster says he's interested to see the effects of rising interests rates and lower migration on the market.

    © 2022 Newstalk ZB, NZCity

     Other Politics News
     21 Jan: The Government is being commended for its plans to avoid a full lockdown when Omicron strikes
     21 Jan: Supporters of Brian Tamaki are promising to continue their vigil outside Auckland's Mount Eden Prison -- following a standoff with prison officials last night
     20 Jan: The Prime Minister maintains Government planning is well advanced - as New Zealand gears up to face Omicron
     20 Jan: Auckland's boundary is set to become a distant memory
     20 Jan: A South Auckland school principal hopes students won't be stuck at home due to the threat of Omicron
     20 Jan: It's a nervous day for some high school students -- but not for others
     20 Jan: Today's the big day for thousands of high school students, nervously awaiting NCEA results
     Top Stories

    RUGBY RUGBY
    Alice Robinson's team is happy with the skier's first foray into World Cup level downhill racing More...


    BUSINESS BUSINESS
    The Government is being commended for its plans to avoid a full lockdown when Omicron strikes More...



     Today's News

    Accident and Emergency:
    Reports an aircraft had crashed north of Whangamata on the Coromandel Peninsula this morning have been dismissed ... with police saying it was a top dressing plane 11:52

    Law and Order:
    Aggressive behaviour towards security staff on Wellington's Paremata Bridge has put an end on safety patrols in the area 11:52

    Entertainment:
    Brian Cox thinks Jeremy Strong put himself in a "very, very vulnerable position" with his viral New Yorker profile 11:46

    International:
    Ukraine asks Australia for more 'technical assistance' to combat increasing Russian cyber attacks 11:32

    Golf:
    Golfer Danny Lee is three-under par late in his first round at the latest US PGA Tour event in California 11:32

    Entertainment:
    Zoe Saldana is "proud" of Britney Spears for "stepping up for herself" 11:16

    Law and Order:
    The Loop: WA's not opening the border after all, Daniil Medvedev takes aim at 'low IQ' tennis fans, Russia considers ban on crypto and US police are hunting... the Joker? 11:12

    Soccer:
    A brace of goals from Diogo Jota has powered Liverpool into the English League Cup football final against Chelsea 11:02

    Rugby:
    Alice Robinson's team is happy with the skier's first foray into World Cup level downhill racing 10:52

    Entertainment:
    Cardi B will pay for the funeral costs of those who died in a fire in her hometown of The Bronx 10:46


     News Search






    Power Search


    © 2022 New Zealand City Ltd