Simon Petersen News Today

The residential property market’s downward trajectory has eased slightly for the second month in a row – but we could yet be in for some increased volatility in the months ahead. The latest QV House Price Index shows home values decreased by ...

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Increases in interest rates and living costs mean buying a home remains unaffordable for many people

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Aotearoa New Zealand’s average home value is zeroing in on the $900,000 mark following yet another month of widespread declines across the motu. The latest QV House Price Index shows values have reduced by an average of 4.5% throughout the first four months ...

Developers are holding back from starting new developments as house prices continue to drop

Investors are sitting on the sidelines and buyers remain scarce as housing values continue to slide, though the decline has slowed in many main centres.

Average New Zealand dwelling value down $161,264 since it peaked at the start of last year

Housing values continue to slide, though the decline has slowed in many main centres.