New Zealand's real estate market operates in cycles, with property values fluctuating in the short term. However, over the span of 5 to 10 years, the average house price shows a consistent upward trend. While the past pattern of doubling house values every 8 to 10 years may not continue due to price..

Property markets move in cycles, ups and downs, ebbs and flows, and we are approaching the peak of interest rates, which means we could be close to the bottom of house values. 

The start of the year is always slow in the New Zealand property market. The REINZ data for January shows the Auckland market was affected by the significantly bad weather events, with the whole country recording the least number of sales in 40 years. There was a total of 2,759 sales across the coun..

As we head into a New Year, many of our agents across the country are being asked what 2023 will hold for the property market and home values. While no one has a crystal ball to see into the future, and economists tell us that we will only know the peaks and troughs of the market after they have occ..