New Zealand Property News

realestate.co.nz has launched a new AI-powered image search, the first property website in New Zealand to introduce the technology to the market.

Latest data shows an 18-year record asking price high for the Canterbury region in April 2026 as the Christchurch property market takes centre stage.

Great Place To Work has recognised realestate.co.nz as one of New Zealand’s employers of choice for the second year running.

Rents are cheaper than a year ago in most parts of New Zealand, with the average weekly rent falling in 10 of the country’s 19 regions.

$54.7m was wiped from property asking prices across New Zealand in Q1 of 2026. But the total value of price reductions has fallen by more than $8m.

The latest data from realestate.co.nz for March shows an increase in new commercial listings year-on-year and a 12-month high in total stock

Shortage of suitably-zoned commercial and industrial land is pushing Auckland’s property market to record-highs

Hundreds of millions in residential investment is urgently needed to address a growing shortage of homes suitable for ultra-high net worth buyers

Christchurch is separating itself from New Zealand’s other major property markets, the latest data from realestate.co.nz shows

Congratulations to the realestate.co.nz Agents of Excellence for the financial year ending 31 March 2026.

Latest data from realestate.co.nz shows new rental listings are down 3.2% compared to March 2025, with total stock also easing slightly, down 2.8%.

Latest data from realestate.co.nz shows. After gaining momentum in February, the property market sat idle in March

Latest data from realestate.co.nz shows an extra bedroom can add anywhere from $150,000 to more than $450,000 to a home’s asking price.

But figures show an improvement on last year

Weekly rent drops year-on-year for the first time in a decade.

Over $900 per week: Central Otago Lakes District sets new national rent benchmark

Capital city takes charge with record number of new rental properties listed

It may be the year of the horse, but the New Zealand property market hasn’t bolted just yet.

Lore tells us that property prices double every 10 years, but the latest data from realestate.co.nz shows this wasn't the case nationally in the last decade.

Central Otago Lakes District is the most expensive place to rent in New Zealand, by more than $200, reveals the latest data from realestate.co.nz.

Those dreaming of a new home over the holiday period had plenty to choose from. December 2025 stock levels surpassed 30,000 for the first time in any December.

The New Zealand holiday destinations where property prices have increased dramatically during the last 10 years.

Kiwi vendors have listed $114,684,197,610 worth of residential property for sale to date in 2025, according to the latest data from realestate.co.nz.*

Latest data from realestate.co.nz shows New Zealand's rental market is awash with properties as a record 7253 new rental listings hit the market in November

Latest data from realestate.co.nz shows that the New Zealand property market is wide open for buyers.

OCR dropped to 2.25% - great news for homeowners and anyone looking to buy.

The average asking price for an apartment in Canterbury is almost a quarter of a million dollars more than in the capital.

Latest data from realestate.co.nz reveals the national average weekly rental price is down 3.2% year-on-year to $628.

More than $82 million was cut from asking prices in Q2 2025, nearly $20 million more than in Q1

Data from realestate.co.nz shows that confidence has sprung back into the property market. New listings were up 5.5%; the highest for October since 2018

Kiwis looking to buy a property in zone for some of the country's top state schools can expect to pay a premium, according to data from realestate.co.nz.

Renters wanting a new pad for summer are spoilt for choice. Latest data from realestate.co.nz reveals new rental listings up 18% year-on-year.

Latest realestate.co.nz data shows another month of stability in average asking prices and stock levels, but little momentum as buyers bide their time

National average rental price drops 16% to $628, the lowest since September 2023. Meanwhile, Southland hit an all-time high of $509/week.

Increased supply and recent OCR cuts are most likely behind the upward momentum starting to take place in New Zealand's property market.

New data from realestate.co.nz highlights the additional value extra bedrooms can add to a property's asking price.

More than $82 million was cut from asking prices in Q2 2025, nearly $20 million more than in Q1

Despite an influx of rental properties in key university towns, students are potentially paying more to secure accommodation in some cities.

National stock levels drop by almost 2,000 listings for 3rd consecutive month. Around 60% of new listings on priced below $850,000.

Analysis by realestate.co.nz shows a widening gap between New Zealand homes and apartment prices, with prices of homes outpacing apartments by more than double

realestate.co.nz survey reveals nearly 1 in 4 Kiwis purchase homes by happy accident

The latest data from realestate.co.nz shows average rental prices are on the decline in the majority of regions across New Zealand.

realestate.co.nz survey reveals nearly 1 in 4 Kiwis purchase homes by happy accident

New Zealand's property market has hit 2.5-years of flat average asking prices according to the latest data from realestate.co.nz

New data from realestate.co.nz highlights striking million-dollar price gaps between the highest and lowest-priced suburbs across New Zealand's main centres.

Tenants enjoy $27/week cheaper rents than one year ago, a $1,400/year saving and new rental listings reach the highest level in almost a decade.

Is there ever a right time to buy or sell property? Yes - and it's now! The latest data from realestate.co.nz shows high stock levels and stable prices.

Renters have more money in their pocket and more properties to choose from according to the latest data from realestate.co.nz.

Is there ever a right time to buy or sell property? Yes - and it's now! The latest data from realestate.co.nz shows high stock levels and stable prices.

More than $63 million was trimmed from asking prices across New Zealand in the first quarter of 2025.

National stock levels climb to over 35,000, the highest since 2015. 11,000 new listings hit the market, below usual expectations. Average asking prices cool as sellers flex to meet buyers.

Kiwis spend a significant portion of their household income on rent. So, how do our three most populated regions-Auckland, Wellington, and Canterbury-compare?

National stock levels climb to over 35,000, the highest since 2015. 11,000 new listings hit the market, below usual expectations. Average asking prices cool as sellers flex to meet buyers.

New data from realestate.co.nz challenges the common belief that property values double every decade. While this held true for some regions, others fell short - yet all saw significant growth.

The latest data from realestate.co.nz shows that after a record low new listings for any December, sellers jumped into the market in January.

Our resident expert, Vanessa Williams, recently sat down with Frances Cook to tell listeners of her Making Cents podcast about how she goes about reading the market using three key metrics: new listings, stock, and price.

Kiwis listed over $115 billion worth of residential property for sale in 20241, an $18.86 billion (19.4%) increase compared to 2023, according to the latest data from realestate.co.nz

The New Zealand property market typically slows down in December, but December 2024 was more than just a seasonal cooldown-it was 'exceptionally lukewarm.'

New data from realestate.co.nz reveals that homes typically deliver stronger long-term price growth than apartments, but the gap is not as wide as many might expect.

Stable prices, strong stock levels, falling interest rates, and rising buyer activity create the ideal 'Goldilocks' market for buyers and sellers.

The recent OCR cut and easing interest rates appear to mark a turning point for the New Zealand property market, sparking renewed interest among buyers.

Recent data from realestate.co.nz indicates that while mortgage interest rate cuts and decreasing inflation are promising, the property market remains cool with high stock levels and slower sales. In July, we observed a 32.3% year-on-year increase in total stock to 30,556 properties for sale. Additionally, new listings surged by 31.3%, breaking a seven-year trend of low listing levels during this month.

The latest real-time data from realestate.co.nz shows an increase in buyer activity following the recent OCR drop - the first in four years.

In September, the national average asking price remained static. This marks 20 months of flat asking prices, the longest stretch of stability on record.

We've joined forces with Frances Cook on her new podcast 'Making Cents', to give Kiwis the latest insights into the property market. The collaboration brings listeners expert insights and up-to-date market trends, empowering you on your property journey.

Despite the fall in property prices last year, the latest data from realestate.co.nz proves that prices inevitably go up in the long run.

The latest real-time data from realestate.co.nz shows that average asking prices were again stable during June, marking a full year and a half of unchanged prices nationally. Total stock was up in all regions, increasing nationally by 28.6% year-on-year in June.

Despite strong economic headwinds, New Zealand's property prices have remained stable. The latest real-time data from realestate.co.nz shows that the national average asking price has remained almost unchanged for nearly a year and a half.

Our latest data shows a downturn in property demand, a significant shift after most regions experienced year-on-year demand growth during 2024 until now.

Stock levels hit an 8-year high as new listing levels bounce back to welcome buyers. Prices remained stable while Kiwis awaited the latest OCR announcement.

Stock levels hit an 8-year high as new listing levels bounce back to welcome buyers. Prices remained stable while Kiwis awaited the latest OCR announcement.

There is no shortage of places to play a round of golf in New Zealand. So, for those whose New Year's resolutions involve more time on the green, here are five of our favourite places to play a round of 18, as well as properties located just around the corner.

A bright start to 2024: new listings significantly lift, and demand rebounds in New Zealand's property market.

Revealed: The most affordable and highest priced suburb in each of New Zealand's main regions.

Total value of residential property listed down by $28.6 billion compared to 2022 as prices dropped and vendors paused.

New data from realestate.co.nz shows that while new listings were down, more Kiwis searched for property last month than they did a year ago.

Lowest month on record for new listings and Central Otago/Lakes District hits highest average asking price on record for any region - just shy of $1.6m.

November brought brighter weather and a confidence-boosting trifecta of government, economic and OCR certainty.

Data from realestate.co.nz signals that the property market is heating up, with demand for property increasing steadily over the last 12 months.

New data from realestate.co.nz shows while there's a lift in confidence in the New Zealand property market, buyers remain cautious with stock high, despite new listings hitting a record July low.

The latest data from realestate.co.nz shows post-election confidence has hit the New Zealand property market. During October, new listings were up, auctions regained popularity with sellers, and the national average asking price lifted back to January 2023 levels.

Soft start to spring with the lowest new listings for any September on record in nine regions How will opening up the $2 million market to overseas buyers affect Kiwis?

The latest data from realestate.co.nz shows national average asking price trending up and new listings flat after 10 months of double-digit year-on-year reductions.

New data shows across New Zealand, people are holding onto their properties for around five and a half years on average.

New data from realestate.co.nz suggests that average asking prices may have hit the low point following a turbulent few years.

Data shows asking and selling prices have followed the same general trend in all New Zealand regions for more than 15 years.

New listings to come onto the market during April were down 18.9% nationally, while stock remained up in almost all regions compared to April 2022.

Data shows that real estate professionals have closely predicted selling prices for 16 years.

Total stock growth slows and average asking prices down in most regions - except Central Otago/Lakes.

Average asking prices steady in most regions month-on-month. Buyers' markets no more nationally, nor for Wellington or Otago.

Lore tells us that a property's value doubles every 10 years, but whether this is true depends on where you live.

Despite prices trending downwards throughout 2022, Kiwi vendors still asked for a whopping $125 billion last year.

After peaking at close to $1 million in January 2022, the national average asking price fell below $900,000 last month, reflecting the current state of the market.

Stock levels increased significantly in December 2022. Buyers' markets emerged in Hawke's Bay, Taranaki, and Otago.

When compared to October 2021, new listings on realestate.co.nz were down nationally and in 14 of New Zealand's 19 regions.

When compared to October 2021, new listings on realestate.co.nz were down nationally and in 14 of New Zealand's 19 regions.

The latest data from realestate.co.nz shows that despite there being buyers' markets nationally and in three regions, average asking prices haven't dropped significantly. Year-on-year, prices were up or stable in all except two regions.

• Rising number of homes for sale impacts asking prices • Waikato joins Auckland and Wellington, now a buyers' market. • PLUS: What's happening in Auckland?