Wellington sees largest median property value drop in main centres

Friday 21 February 2025 · 2 outlets · 2 reports · updated Fri 21 Feb 2025, 5:45am

In this story Ministry of Business, Innovation and Employment, Reserve Bank of New Zealand, Stats NZ, Cotality NZ, Kelvin Davidson

Wellington's property market recorded a 25.1% decrease in median values over the past year, the highest drop among New Zealand's main centres. Despite this decline, an economist suggests house prices may begin to rise in 2025 following a significant downturn.

How they headlined it

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1. The PostFri 21 Feb 2025, 5:00am

   Wellington's property market tops a list ... but it’s not one we want (opens in new tab)

2. RNZFri 21 Feb 2025, 5:45am

   Signs aligning for house prices to rise in 2025 - economist (opens in new tab)