The property market is cyclical; it’s constantly changing and it’s easy to get caught up in the media’s portrayal of current market conditions.
But whether your goal is that initial step onto the property ladder, a forever home, or an investment opportunity, the most important aspect to
consider when buying or selling is your individual circumstance.
Our Monthly Market reports provide up to date insights and data to help you make the most informed decisions.

October 2023 Market Update

In October, the property market report indicated a notable surge in sales activity, accompanied by an increase in property listings and a decrease in the average days on the market.

September 2023 Market Update

The September 2023 property market report indicates increased activity in the spring real estate market.

August 2023 Market Update

In August, there was a surge in interest and inquiries in the property market, but buyers are adopting a wait-and-see approach for more favourable conditions.

July 2023 Market Update

In July 2023, the property market in Whangarei saw a surge in activity primarily driven by first-home buyers. Despite traditionally being a slower month for real estate, there was a noticeable rebound in buyer interest both in Whangarei and across New Zealand. This resurgence in demand brought about mixed outcomes in different regions of the country.

June 2023 Market Update

In June, the New Zealand property market showed some key trends and concerns. First-time homebuyers expressed worries about interest rates, while investors adopted a cautious approach leading up to the October election.

May 2023 Market Update

In May, the New Zealand property market showed early signs of returning confidence as sales volumes began to rise in various regions. However, the market was still influenced by high-interest rates and a tight economy, leading buyers to remain cautious in their actions.

Market Summary

For buyers who are financially prepared, the current market presents opportunities due to lower prices and good stock levels.

Market Summary

March saw median prices ease across the country by 12.9% year-on-year, and the number of residential property sales increased month-on-month by 42.0%.

February 2023 Market Update

Northlands property market was significantly impacted by Cyclone Gabrielle which severely hindered open home attendance, as well as the number of people attending viewings for rental properties.

January 2023 Market Update

There is still some caution in the market with fewer committed buyers across all price ranges, and the stock coming onto the market are vendors who genuinely want or need to sell their property.

December 2022 Market Update

We’re now in a more realistic market where there is more supply than demand as stock levels increase and there is less fear of missing out and more time to consider options.

November 2022 Market Update

News outlets and the media have recently compared a market at its peak, with one that has moderated over the past 12 months as we’ve seen the median price flatten over the past six months.