Buying guide
What to expect from NZ’s property market in 2025: expert insights
A year of conflicting forces?
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AI summary
Experts predict a stable NZ property market for 2025. CoreLogic forecasts an average price increase of around 5%, shaped by conflicting forces like falling mortgage rates versus job market weakness.
The market currently favours buyers due to high listings, but it's considered a decent environment for all parties. Neither buyers nor sellers need to rush. Regional growth will vary, with Auckland and Wellington likely seeing smaller increases. Key factors to watch include mortgage rates and 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?
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