Real Estate

Big jump in the number of properties being auctioned but the sales rate was flat

Big jump in the number of properties being auctioned but the sales rate was flat

Record surge in amount of mortgage money moving to fixed rates in December as homeowners digested Reserve Bank's November OCR announcement and then acted - decisively

Record surge in amount of mortgage money moving to fixed rates in December as homeowners digested Reserve Bank's November OCR announcement and then acted - decisively

Little movement in housing values at the start of the year as buyers remain cautious, Cotality Home Value Index shows

Little movement in housing values at the start of the year as buyers remain cautious, Cotality Home Value Index shows

Average size of mortgages approved to first home buyers is almost $600,000 and more than 40% are low equity loans

Average size of mortgages approved to first home buyers is almost $600,000 and more than 40% are low equity loans

Auction room activity starts 2026 with a slightly higher sales rate than the 2025 average

Auction room activity starts 2026 with a slightly higher sales rate than the 2025 average

Latest Reserve Bank figures show a massive spike in change of loan provider in December, with record amounts being moved and a record share of the total new monthly mortgage market

Latest Reserve Bank figures show a massive spike in change of loan provider in December, with record amounts being moved and a record share of the total new monthly mortgage market

Plenty of stock for sale and a rising interest rate outlook should keep a lid on house prices over summer

Plenty of stock for sale and a rising interest rate outlook should keep a lid on house prices over summer

Latest Reserve Bank figures show just under half of mortgage money uplifted in November - nearly $4 billion - was on floating rates. If the intention was to take advantage of future fixed mortgage rate falls, this plan appears to have been frustrated

Latest Reserve Bank figures show just under half of mortgage money uplifted in November - nearly $4 billion - was on floating rates. If the intention was to take advantage of future fixed mortgage rate falls, this plan appears to have been frustrated

Average asking price of residential properties listed on Trade Me Property sank $82,500 in November and December - Auckland down $126,400, Gisborne takes a huge hit

Average asking price of residential properties listed on Trade Me Property sank $82,500 in November and December - Auckland down $126,400, Gisborne takes a huge hit

Barfoot & Thompson's sales and selling prices were both lower in December on seasonality factors but lower prices ate into their mountain of stock as both sellers became more realistic, and more townhouses became available

Barfoot & Thompson's sales and selling prices were both lower in December on seasonality factors but lower prices ate into their mountain of stock as both sellers became more realistic, and more townhouses became available

Interest.co.nz monitored the auctions of 16,613 properties in 2025 with 39% selling under the hammer

Interest.co.nz monitored the auctions of 16,613 properties in 2025 with 39% selling under the hammer

House prices at the bottom of the market rose a little in November while mortgage interest rates declined a bit, making home ownership slightly harder for first home buyers

House prices at the bottom of the market rose a little in November while mortgage interest rates declined a bit, making home ownership slightly harder for first home buyers

Buyers likely to retain the whip hand in the housing market next year

Buyers likely to retain the whip hand in the housing market next year

REINZ data shows housing sales volumes slumped in November while prices drifted sideways

REINZ data shows housing sales volumes slumped in November while prices drifted sideways

More properties on offer but fewer selling under the hammer at the latest auctions

More properties on offer but fewer selling under the hammer at the latest auctions