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...

Auckland office market stabilises

19.5.26 Office property vacancy in Auckland eased slightly in the first half of 2026 as the market stabilised, supported by small businesses' demand for fitted, accessible spaces and ongoing preferences for prime assets, according to Colliers Auckland Metropolitan...

Positive shift in Christchurch market

1.5.26 During 2025, Christchurch’s industrial market registered the addition of 51,906m² of new stock, reports CBRE. A total of 19,235m² were introduced during the first half of last year, whilst 32,671m² were added during the second half. This was partially offset by...

Residential consents up

  NZ residential consent issuance climbed a seasonally adjusted 1.9% in January (up 1.9% in the 3-months to January). Annual new residential consents lifted to 36.9k, a 9.3% climb on the previous year, noted ASB Bank. Residential construction costs dipped, with...

Record level of Wellington rentals

Wellington reached a record high of 965 properties listed for rent, a whopping 54.2% more rental listings than the same time last year. However, students heading south face a much tighter rental market. Otago’s new rental listings were down 32.9% year-on-year, with...