News
Kāinga Ora to demolish vacant Wellington houses as residents demand answers
33+ min ago (268+ words) Ngatiapa Street homes to come down within weeks after years of vacancy and stalled plans Kāinga Ora will demolish vacant state housing on Wellington's Ngatiapa Street within weeks, the agency has confirmed, as residents in the capital's Strathmore Park continue…...
Auckland dips below $1 million as winter chill hits property market
1+ hour, 57+ min ago (344+ words) Trade Me data shows national asking prices, listings, and search demand all easing in June New Zealand's property market showed a familiar seasonal slowdown in June, with the national average asking price, new listings, and buyer search activity all easing…...
Auckland dips below $1 million as winter chill hits property market | NZ Adviser
12+ hour, 40+ min ago (344+ words) Trade Me data shows national asking prices, listings, and search demand all easing in June New Zealand's property market showed a familiar seasonal slowdown in June, with the national average asking price, new listings, and buyer search activity all easing…...
NZ housing market holds steady as regional gap widens ahead of election
1+ day, 7+ hour ago (448+ words) National prices flat, but South Island outperforms as election looms New Zealand's housing market remained largely steady in June, according to the latest Real Estate Institute of New Zealand (REINZ) data, with the national median price broadly unchanged year-on-year at…...
Kiwi exodus to Australia eases, but migration slowdown clouds outlook
2+ day, 5+ hour ago (391+ words) Fewer Kiwis leaving for Australia, but ASB warns broader migration trend is weakening New Zealand's net migration loss to Australia eased to 28,500 in the year to December 2025, down from 31,100 in 2024, according to Stats NZ. The smaller loss reflected a modest…...
Auckland rents steady as winter chill sets in
1+ week, 21+ hour ago (325+ words) Rental demand cools from summer highs but stays well above last year's levels Pricing across Barfoot & Thompson's portfolio of more than 22,000 managed properties in Auckland, Northland, and Bay of Plenty stayed largely flat in June. Auckland's average weekly rent was…...
NZ housing market splits in two as regional gap widens
1+ week, 22+ hour ago (407+ words) Southern centres gain ground while Auckland and Wellington values keep drifting lower New Zealand's housing market fractured further along regional lines over the June quarter, according to the latest QV House Price Index. Nationally, residential values slipped 0.4% over the three…...
Buyer's market holds firm in NZ despite early signs of a thaw | NZ Adviser
1+ week, 2+ day ago (386+ words) Survey of agents shows buyer caution easing slowly as war fears recede New Zealand's residential property market remains solidly weighted in buyers' favour, according to the latest NZHL Property Report by economist Tony Alexander (pictured), based on responses from 280 licensed…...
Kiwi return migration surges as NZ growth outlook overtakes Australia's
1+ week, 3+ day ago (411+ words) More Kiwis are staying home, or coming back, as the trans-Tasman calculus shifts For decades, Australia acted as an economic pressure valve for New Zealand, drawing tradespeople and professionals across the Tasman with the promise of higher pay. That dynamic…...
Auckland sales hit five-year June high as prices soften
1+ week, 6+ day ago (372+ words) Stock levels stay elevated as buyers gain leverage in Auckland's market Auckland residential sales reached their strongest June result in five years, even as prices continued their seasonal slide, according to Barfoot & Thompson's latest market update. Sales rise as buyers…...