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
CoreLogic predicts a stable 2025 NZ property market with conflicting forces. Falling mortgage rates will compete with job market challenges, keeping the market favourable for buyers for a while.
A modest national average price rise of around 5% is expected, with no "boom". Regional growth will vary, with Auckland and Wellington likely seeing slower growth. Key factors to watch are mortgage rates and the impact of debt-to-income ratios, but overall, neither buyers nor sellers need to rush.
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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