South Island rents making leap

6.10.26 Latest data from realestate.co.nz shows the national average weekly rent reached $636 in September, up just 1.9% compared with the same month last year. But across much of the South Island, rental price growth was considerably stronger. Five South Island...

Propertry buyers backing off

The REINZ House Price Index fell 0.3% m/m in August (seasonally adjusted by ANZ) and is slightly down from a year ago (-0.9% y/y, 3mma). “Over the past few months house prices have been falling slightly in Auckland, declining sharply in Wellington, and are close to...

Property market more measured

24.7.26 New Zealand's property market continues to prove remarkably resilient despite ongoing economic uncertainty, says Mark Harris, managing director of Sothebys International Realty. Commenting on the company’s New Zealand Property Pulse Report for 2Q26, he says,...

Real estate under pressure

27.5.26 The Reserve Bank of New Zealand has held the Official Cash Rate at 2.25% April's Selected Price Indexes provided the breathing room the Committee needed to hold, says Atom Go Tian, Economist at Ray White “With petrol now 30.1 per cent higher than a year ago...