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NZ house price predictions from economists (2025)

Are we in for another property boom?

Ben Tutty
Last updated: 20 December 2024 | 8 min read
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AI summary

Leading New Zealand economists predict house prices will rise in 2025. Forecasts vary, with most expecting moderate growth:

- Kiwibank & ANZ: 6% increase

- Reserve Bank: ~7% increase

- ASB: 10.9% increase

- CoreLogic: Slow, steady growth

Key drivers include falling interest rates, population growth, and the return of investors. However, stretched affordability and a weaker economy create headwinds. These are uncertain national averages, and regional performance will differ significantly.

NZ housing market predictions

Table showing summary of NZ housing market predictions from economists.

Kiwibank – 6% increase in 2025

ANZ– 6% increase in 2025

ASB – 10.9% increase in 2025

Auckland's property market may be beggining a slow recovery.

CoreLogic – Slow and steady increases in 2025

Reserve Bank of New Zealand – 7.06% increase in 2025

Our summary – house price increases in 2025

What’s influencing house prices right now?

Christchurch is set to continue growing in 2025.

Local house price predictions

Insights from Tony’s View November 2024

Over or undervalued?

Forecasts can be useful but they're often wrong.

A note on forecasts

Author

Ben Tutty Ben Tutty
Content Writer