Slight rise in residential property values

The average value of residential properties in Auckland at the end of last year was $1,245,290, with the nationwide housing market remaining relatively static in early 2025, showing only a 0.1% increase in property values in the December quarter according to Quotable Value NZ. Despite modest growth in some areas like Auckland, Wellington, and Christchurch, factors such as weak labor market, high cost of living, and surplus of properties for sale are keeping overall growth limited, with little evidence of substantial price pressure in the near future.

Full Article