Wellington property values fall while Canterbury home values rise

The PostThe PressThursday 19 June 2025 · 2 outlets · 2 reports · updated

In this story Cotality NZ, Kelvin Davidson

Photo: The Post (opens in new tab)

Wellington's median property values decreased by 0.2% in the three months to May, despite an increase in national sales. Conversely, Canterbury home values have risen due to a strong rural economy, while Christchurch rents have dropped to become the cheapest among main centres.

How they headlined it

First reported by The Post, Thu 19 Jun 2025, 12:01am · 2 reports from 2 outlets over 5 hours
  1. The PostThe Post

    Property sales up, but Wellington's property values keep going down (opens in new tab)

  2. The PressThe Press

    House prices up, rents down (opens in new tab)