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.
The housing market steadies as prices hold and regional strengths continue. National listings increased just 0.3% year-on-year to 9,521 in May 2026, providing further evidence of a market that is stabilising heading into winter.
MoreDespite a dip in April sales activity, most regions remained relatively steady with broader market conditions largely unchanged. Overall, the number of sales remains close to the long-term April average, highlighting that this year’s softer headline result still sits comfortably within the market’s historical range.
MoreNew Zealand’s housing market remained resilient through March, with buyers continuing to transact despite the onset of the Iran conflict and a sharp rise in petrol prices.
MoreFebruary’s housing market shows patience on both sides, with selective buyers and sellers prepared to wait for the right price. The latest data from the Real Estate Institute of New Zealand (REINZ) shows the national median price rose 3.2% year-on-year to $795,000, while sales activity remains largely steady and properties are taking longer to sell.
The 2026 property market opened the year at a steady pace, shaped by the usual January slowdown, seasonal holiday patterns, and unsettled weather across parts of the country. Latest data from the Real Estate Institute of New Zealand (REINZ) shows median prices holding firm, with national prices rising slightly above January 2025, even as sales counts softened.
MoreAs December 2025 drew to a close, the New Zealand property market experienced a typically mixed month, with strong sales activity early on before momentum eased heading into the summer holidays. The latest data from the Real Estate Institute of New Zealand (REINZ) shows that median prices and sales counts both remained higher than in the same period last year. Local salespeople observed activity lifting in some areas, as certain regions saw a rise in buyer interest and enquiries.
MoreConfidence and positivity are on the rise across almost all regions, according to the latest data from the Real Estate Institute of New Zealand (REINZ). Median prices continue to climb, with only three regions recording annual declines year-on-year, reflecting a market where prices remain resilient even as buyers move at a measured pace. Local salespeople report pockets of strong enquiry, highlighting growing sentiment at a regional level.
MoreOwner-occupiers and investors were the most active across the region. Some vendors were ready to meet the market regarding their asking prices, and attendance at open homes saw a strong turnout. Auction room clearance rates were up with good sales under the hammer, and steady numbers of bidders for each auction.
MoreThere was an increase in new listings recorded around the country, with New Zealand up 1.3% year-on-year to 9,394. Some local salespeople are reporting a noticeable lift in activity across the market, with first-home buyers and owner-occupiers still the most active participants.
MoreNew data from the Real Estate Institute of New Zealand (REINZ) show a modest year-on-year dip in the national median price, although most regions saw median prices lifting year-on-year, and values remain broadly steady as listing numbers increase.
MoreThe Real Estate Institute of New Zealand (REINZ) has released its figures for July 2025, showing that sales activity has increased compared to the same time last year. Listings were lower in July 2025 than a year earlier, despite a modest month-on-month rise after
a significant drop in June. The national median price increased slightly year-on-year, reflecting a slight rise amid an otherwise steady trend, with monthly movements shaped by seasonal factors.
Most vendor expectations regarding the asking price started high but tend to adjust to meet market expectations throughout the campaign, as well as the low offers that come in. Attendance at open homes was low and slow – the newly listed properties achieved higher attendance.
MoreThe Real Estate Institute of New Zealand (REINZ) has released figures for May, revealing a moderately more active market as the country heads into the winter season. While the number of sales has increased compared to the same period last year, this growth has been accompanied by a decline in the national median price and a slowdown in the number of new listings coming to the market.
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