Buying guide
What to expect from NZ’s property market in 2025: expert insights
A year of conflicting forces?
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AI summary
Expect a steady NZ property market in 2025, with CoreLogic forecasting a modest average price rise of around 5%. The market will see "conflicting forces" as falling mortgage rates are balanced by job market challenges and affordability issues.
It remains a buyer's market for now, but conditions are considered decent for everyone. Neither buyers nor sellers need to rush. Regional differences are expected, with Auckland and Wellington likely seeing slower growth than other centres like Invercargill.
How are things looking in NZ’s property market right now?
Kelvin believes that NZ's property market will remain in favour of buyers for some time yet.
And what should we expect for the rest of 2025?
So, is now a bad time to be a seller?
Should buyers be hustling to secure a home in these favourable conditions?
Smaller cities like New Plymouth, Invercargill and Palmerston North could see greater than average property price increases in 2025.
What can you tell us about different regions of NZ?
Finally, are there any property related policy announcements to look out for in 2025?
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