Buying guide

What to expect from NZ’s property market in 2025: expert insights

A year of conflicting forces?

Al Hall
Last updated: 21 January 2025 | 5 min read
AI

AI summary

According to CoreLogic, NZ's 2025 property market will be steady, shaped by conflicting forces. Falling mortgage rates may boost demand, but job market challenges will restrain growth, leading to a predicted average price increase of around 5%.

This creates a decent market for everyone, meaning neither buyers nor sellers need to rush. Buyers can expect continued choice, while sellers will find a stable environment. Key factors to watch are mortgage rate movements and the impact of debt-to-income ratios.

How are things looking in NZ’s property market right now?

Kelvin believes that NZ's property market will remain in favour of buyers for some time yet.

And what should we expect for the rest of 2025?

So, is now a bad time to be a seller?

Should buyers be hustling to secure a home in these favourable conditions?

Smaller cities like New Plymouth, Invercargill and Palmerston North could see greater than average property price increases in 2025.

What can you tell us about different regions of NZ?

Finally, are there any property related policy announcements to look out for in 2025?

Author

Al Hall Al Hall
Content Writer