House Prices Experience Largest Monthly Increase in Two and a Half Years

House prices in New Zealand increased by 1.9% in February, indicating signs of market stabilization, as reported by the Real Estate Institute. After seasonal adjustments, the rise was 0.7%, marking the largest monthly increase in two and a half years, according to Infometrics chief forecaster Garth Kiernan. This uptick follows previous sales declines in late 2025 and early 2026, suggesting a shift towards greater stability in the housing market.

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