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.
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January 2025The New Zealand property market commenced 2025 with notable activity, reflecting a blend of increased listings and rising property values. |
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December 2024As 2024 draws to a close, the Hauraki - Coromandel property market reflects a year of steady shifts and cautious optimism. |
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November 2024New Zealand's housing market is beginning to stabilise... |
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October 2024This month’s report explores the latest trends in the residential property landscape. |
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September 2024Interest 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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August 2024The outlook for the housing market is looking cautiously positive, even though affordability measures show that prices have been high. |
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July 2024As the national average asking price remains steady, the market is experiencing significant regulatory changes and a dynamic supply landscape. |
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June 2024As 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 2024As 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 2024Since 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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March 2024Although 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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February 2024The 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 2024In 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. |
Archived Reports 2023 |