25/06/2026
MAY 2026 REINZ STATS
Hawke’s Bay continues to show strength, with the May REINZ report revealing a 1.2% lift in median price year-on-year to $675,000, while sales volumes held steady.
Hastings stood out with strong growth (+9.1%) and a 20% rise in sales, while Napier saw a slight price dip but steady activity overall. Faster days to sell and a good level of listings point to a balanced, active market.
With more choice available, owner-occupiers and first-home buyers are leading the way, while investors remain cautious. Realistic pricing and presentation are key as buyers take their time and compare options.
Overall, the Hawke’s Bay market remains stable heading into winter, supported by solid demand, improving confidence, and good affordability.
Read the full report here: https://www.reinz.co.nz/libraryviewer?ResourceID=834
The Real Estate Institute of New Zealand