Feature article
2025 ended on a soft note but values should rise in 2026
Looking toward this year in property.
AI summary
The NZ property market ended 2025 softly, with the Cotality Home Value Index showing a -0.2% national dip in December. The current median value is $808,430.
Performance in main centres was mixed, with values falling in Auckland and Hamilton but rising in Tauranga, Christchurch, and Dunedin. Cotality economist Kelvin Davidson calls 2025 "broadly flat" due to conflicting market forces.
Looking ahead, he forecasts roughly 5% growth in national property values for 2026, driven by an improving economy.
The numbers at a glance
A "broadly flat" 2025
The outlook for 2026
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