Monthly Market Update

Read about what's happening in the local property market around the Coromandel Peninsula and Hauraki Plains.  If you want to find out more about property in a specific area search our list of properties for sale or speak to a salesperson

 

January tile 2025

 

January 2025 

The New Zealand property market commenced 2025 with notable activity, reflecting a blend of increased listings and rising property values.     

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December tile 2024

 

December 2024 

As 2024 draws to a close, the Hauraki - Coromandel property market reflects a year of steady shifts and cautious optimism.     

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November Tile 2024

 

November 2024 

New Zealand's housing market is beginning to stabilise...    

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Property Tile - Sept 2024

 

October 2024 

This month’s report explores the latest trends in the residential property landscape.    

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Property Tile - Sept 2024

 

September 2024 

Interest rates continue to be a central theme in the property market. Surveys show that fewer buyers are expressing concerns as rates begin to ease, signalling a potential shift in sentiment.   

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Property Tile - Aug 2024

 

August 2024 

The outlook for the housing market is looking cautiously positive, even though affordability measures show that prices have been high.  

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Property Tile - July 2024

 

July 2024 

As the national average asking price remains steady, the market is experiencing significant regulatory changes and a dynamic supply landscape. 

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 June 2024 

 

June 2024 

As we navigate the current real estate landscape, it’s important to stay informed and optimistic. While the market is experiencing some challenges, here’s Richardsons’ take.

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 May 2024

 

May 2024 

As we expected, the Reserve Bank of New Zealand (RBNZ) has decided to keep the official cash rate (OCR) steady at 5.5%.

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 April 2024

 

April 2024 

Since our March Update, we've seen a modest yet notable uptick in New Zealand's average property value, which has edged up by 0.4% to reach $977,000 for the three months leading up to April's end.

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Property Report Tile - March 2024 low res

 

March 2024 

Although the pace of property value growth in New Zealand was only 0.5% (+$5,000) during the last quarter, data indicates an overall market rebound.... 

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Market Report Tile - Feb 2024

 

February 2024 

The end of summer has seen an increase in property activity, particularly new listings, which for the first time since Covid gives prospective purchasers a range of options. New listings were up across all regions. 

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January 2024 - TILE

 

January 2024 

In January, there was a notable uptick in prices across a majority of New Zealand regions, with over half seeing year-on-year average asking price increments. 

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Archived Reports 2023