Feature article

Nine in ten NZ property resellers make a profit despite market softness

The average seller is pocketing $280,000, longer hold periods key

Kelvin Davidson
Last updated: 15 May 2025 | 4 min read
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According to Cotality's latest report, 90.8% of NZ property resellers made a profit in Q1 2025, despite a soft market. The median gross profit was $280,000.

Longer hold periods are the key factor, with profitable properties typically owned for 9.1 years. In contrast, loss-making sales were held for just 3.3 years.

Apartments faced more pressure, with 32.8% reselling at a loss compared to 8.4% of houses. A slow and steady market uplift is expected for 2025.

Investors show no signs of rushing for the exits

Apartments under pressure, but no panic

Looking ahead: slow and steady gains

Author

Kelvin Davidson Kelvin Davidson
Chief Property Economist, Cotality