Feature article
Property value upturn remains elusive for now
The numbers show a market that is steady but not surging.
AI summary
New Zealand's property market recovery is stalled, with the Cotality Home Value Index showing flat national values. Economist Kelvin Davidson notes this masks regional differences, with Auckland falling while cities like Hamilton and Christchurch see growth.
High property stock levels and a cautious labour market are currently restraining widespread price increases. Modest growth is forecast for 2026, though it may be capped by factors like debt-to-income restrictions, keeping pricing power with buyers for now.
The national picture
A region-by-region breakdown
Why aren't prices rising faster?
Looking ahead to 2026
Author
Discover More
Interest rate predictions from NZ economists: 2026 & 2027
We don’t have a crystal ball, but we’ve got the next best thing - the opinions of bank economists
WATCH: How The Curve's Sophie Hallwright Bought 2 Properties in 12 Months
The Curve co-founder Sophie Hallwright reveals the exact strategy she used to buy two houses in just 12 months.
Search
Other articles you might like
.png?fit=max&format=webp&quality=85)
