National Outlook – Gaining Momentum

After a protracted period of flatness, New Zealand housing is now showing early signs of recovery.

In the Hauraki District, values rose 4.1% year on year, while the Thames Coromandel District saw a more modest 1.4% uplift in the year to June 2025. With further growth expected through 2026 and 2027, sentiment is turning cautiously optimistic.

The catalyst behind this shift has been cumulative interest rate cuts — a total of 225 basis points since last August — which have reduced mortgage repayments by nearly 20 percent, easing pressure on buyers.

OneRoof and Valocity report that national house values have remained essentially flat since January, although sales volumes are picking up, suggesting early momentum.

Meanwhile, the QV House Price Index shows a modest quarterly dip of 0.3%, placing the national average at $910,479, but regional pockets are showing activity: Hamilton rose 0.5%, with further gains evident in Queenstown, Tauranga, and Christchurch.

Together, these indicators suggest that green shoots are emerging. Low rates, moderating supply, and rising buyer engagement are creating conditions for a healthier market ahead.

Coromandel Peninsula & Hauraki District – Local Highlights

Local trends (July 2025)

The most recent updates from our 10 offices across Hauraki Coromandel reflects a region in transition:

• Buyers remain cautious. Only well-presented or realistically priced properties are selling. 
• However, high-end homes (above $1.8 million) are attracting strong buyer competition. 
• Sales activity is increasing, especially in Hauraki and among long-time lookers making offers. 
• Listing volumes have slowed with winter, but stock levels remain elevated — giving buyers choice and vendors an opportunity to shine in a better light. 

According to Infometrics and Opes Partners, the average asking price in Thames–Coromandel stood at $1,056,402 in July 2025, well above the national median. In the broader Hauraki District, the median asking price was approximately $674,500, signaling greater positivity than earlier in the year.

Thinking of Selling? Spring Is Your Moment

As we head into spring, the market is showing renewed signs of life. Motivated buyers are actively searching, particularly for realistically priced, well-presented homes. With mortgage rates at their most attractive in years, conditions are lining up for a seasonal lift in activity.

Here in the Hauraki Coromandel region, we’re seeing increased interest from both local and out-of-town buyers. The area continues to offer lifestyle, value, and opportunity, and properties that present well are getting serious attention.

If you’ve been considering selling, now is the time to start preparing. Present your home at its best, align your price expectations with the realities of mid-2025 (rather than the peaks of 2021), and invest in professional marketing — especially for homes in the mid-price range where competition is heating up.

With our strong local presence, and a national and international reach backed by a reputation for results, we can ensure your property is seen by the right buyers at the right time. Spring 2025 is shaping up to be a genuine window of opportunity — make sure your property is front and centre when it counts.

Summary

• Confidence is returning: mortgage affordability, steady sales, and improving sentiment are aligning.
• Hauraki and Coromandel remain attractive entry points, with regional resilience, growth momentum, and scope for vendor returns.
• Prime listings - staged, in great condition, and realistically priced - are drawing strong interest now.
• Listing early gives you first mover advantage heading into spring.