12/08/2026
July 2026 Market Update
West Coast’s median price increased by 14.7% year on-year to $390,000
“Owner-occupiers looking to upgrade were the most active buyer group.
Vendor pricing expectations continued to align with market conditions, with some vendors adjusting their price expectations where properties had been on the market for longer.
Market conditions continued to favour buyers, with cautious purchasers having plenty of choice and taking time before making a decision. Local agents are cautiously optimistic that activity will improve after the November general election, with improved confidence linked to anticipated job growth in the mining sector.” REINZ
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