For better or worse, house prices have been a cornerstone of our economy for decades.

But a rise in prices now put home ownership out of reach for many Kiwis.

Things could be changing though.

Wellington City’s new rateable valuations show that, on average, house values have plummeted 24.4% since 2021.

It comes as the city -- which once made headlines for its hotly contested rental market -- now sees landlords fighting to fill their homes.

So, is this a nationwide phenomenon, and is the dream of owning your own home becoming more of a reality?

Today on The Front Page, co-host of Opes Partners’ The Property Academy Podcast, Ed McKnight, is with us to run through the latest in property.

Follow The Front Page on iHeartRadio, Apple Podcasts, Spotify or wherever you get your podcasts.

You can read more about this and other stories in the New Zealand Herald, online at nzherald.co.nz, or tune in to news bulletins across the NZME network.

Host: Chelsea Daniels
Sound Engineer/Producer: Richard Martin
Producer: Ethan Sills

For better or worse, house prices have been a cornerstone of our economy for decades.
But a rise in prices now put home ownership out of reach for many Kiwis.
Things could be changing though.
Wellington City&rsquo;s new rateable valuations show that, on average, house values have plummeted 24.4% since 2021.
It comes as the city -- which once made headlines for its hotly contested rental market -- now sees landlords fighting to fill their homes.
So, is this a nationwide phenomenon, and is the dream of owning your own home becoming more of a reality?
Today on The Front Page, co-host of Opes Partners&rsquo; The Property Academy Podcast, Ed McKnight, is with us to run through the latest in property.
Follow The Front Page on iHeartRadio, Apple Podcasts, Spotify or wherever you get your podcasts.
You can read more about this and other stories in the New Zealand Herald, online at nzherald.co.nz, or tune in to news bulletins across the NZME network.
Host: Chelsea Daniels Sound Engineer/Producer: Richard Martin Producer: Ethan Sills

Go beyond the headlines with The Front Page, the New Zealand Herald’s daily news podcast. Each weekday Chelsea Daniels unpacks the stories shaping Aotearoa, from what’s happening in our own backyard to global events shaping our future.

Every episode we speak to leaders, experts, reporters, and those living the story, so you get the full picture. 

Subscribe now so you never miss an episode.

Go beyond the headlines with The Front Page, the New Zealand Herald&rsquo;s daily news podcast. Each weekday Chelsea Daniels unpacks the stories shaping Aotearoa, from what&rsquo;s happening in our own backyard to global events shaping our future.
Every episode we speak to leaders, experts, reporters, and those living the story, so you get the full picture.&nbsp;
Subscribe now so you never miss an episode.

Every day, The Front Page takes you behind the scenes of the biggest story from the New Zealand Herald. Hosted by Damien Venuto

The Front Page

Go beyond the headlines with The Front Page, the New Zealand Herald’s daily news analysis podcast. Each weekday Chelsea Daniels unpacks the stories shaping Aotearoa, from what’s happening in our own backyard to global events shaping our future. Every episode we speak to leaders, experts, reporters, and those living the story, so you get the full picture. Subscribe now so you never miss an episode.

Go beyond the headlines with The Front Page, the New Zealand Herald&rsquo;s daily news analysis podcast. Each weekday Chelsea Daniels unpacks the stories shaping Aotearoa, from what&rsquo;s happening in our own backyard to global events shaping our future. Every episode we speak to leaders, experts, reporters, and those living the story, so you get the full picture. Subscribe now so you never miss an episode.

Falling valuations to desperate landlords: What will happen to house prices and rents in 2025? 

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/3ea1123d-dff1-443f-ad22-b27b003d36d8/transcript