Buying guide

NZ house price predictions from economists (2025)

Are we in for another property boom?

Ben Tutty
Last updated: 20 December 2024 | 8 min read
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AI summary

Leading NZ economists are forecasting house price increases for 2025. Predictions vary, with ASB being the most bullish at 10.9%, while Kiwibank, ANZ, and the Reserve Bank anticipate more moderate growth of 6-7%. CoreLogic expects a "slow and steady" rise.

Key factors influencing the market include expected interest rate cuts and strong population growth. However, headwinds like stretched affordability and a weaker economy could limit gains. These forecasts are national averages, with regional performance expected to differ.

NZ housing market predictions

Table showing summary of NZ housing market predictions from economists.

Kiwibank – 6% increase in 2025

ANZ– 6% increase in 2025

ASB – 10.9% increase in 2025

Auckland's property market may be beggining a slow recovery.

CoreLogic – Slow and steady increases in 2025

Reserve Bank of New Zealand – 7.06% increase in 2025

Our summary – house price increases in 2025

What’s influencing house prices right now?

Christchurch is set to continue growing in 2025.

Local house price predictions

Insights from Tony’s View November 2024

Over or undervalued?

Forecasts can be useful but they're often wrong.

A note on forecasts

Author

Ben Tutty Ben Tutty
Content Writer