Median house price falls to $781,000 in April

RNZOtago Daily TimesThe PostThursday 15 May 2025 · 3 outlets · 3 reports · updated

In this story Real Estate Institute of New Zealand

Photo: RNZ (opens in new tab)

The median house price fell by 1.1% to $781,000 in April, according to the Real Estate Institute. Acting chief executive Rowan Dixon noted the market slowed due to public holidays and cooler weather. In the Wellington region, the average house price has decreased by 5.5% over the last year to $775,000.

How they headlined it

First reported by RNZ, Thu 15 May 2025, 10:44am · 3 reports from 3 outlets over 4 hours
  1. RNZRNZ

    Median house price falls 1.1% to $781,000 (opens in new tab)

  2. Otago Daily TimesOtago Daily Times

    House prices fall as sellers get reality check (opens in new tab)

  3. The PostThe Post

    Wellington houses under $1 million a drawcard for buyers (opens in new tab)