Shared second division
Two Northland players were among the l6 lucky winners who won with Lotto Second Division on Saturday night. One player, who bought their ticket at Kamo Lotto, took home $18,611and the other ticket holder, who bought their ticket on MyLotto, also won Powerball Second Division, taking their total winnings to $25,196.
Far North bucks trend
According to the QV House Index for March, residential properties have made their largest first-quarter fall in more than 15 years, decreasing by an average of 3.9 per cent nationally since the start of the year. The Far North District has however bucked the downward trend, with the average home value rising 0.5 per cent to $738,247. Meanwhile, Whangārei topped the list of urban centres with the highest home value reductions this quarter — the average fell 6.6 per cent to $738,851 — and the Kaipara District saw an even larger decline of 9.1 per cent to $798,882. Year on year, home values are on average 4.4 per cent lower in the Far North, 13.2 per cent lower in Whangārei, and 17.9 per cent lower in Kaipara. QV spokesman Simon Petersen said the average home value looked destined to drop further, following the Reserve Bank’s latest increase to the Official Cash Rate — welcome news for first-time home buyers who can manage interest rates that are predicted by some to be approaching peak.