Andra Cornwall

18/05/2026

Locally,

• Month-on-month, more houses are selling and in less time. Prices are flat, just a 10k rise in three years.

• Stock levels remain high

• New listings slowing for May

Generally,

• There are less investors in the market to buy, and more investors in the market to sell. This is due to rising costs (Council Rates, Mortgage interest rates, and insurance costs) and Boomers cashing up for their retirement.

• Consumer spending is down on travel, dining, and renovations.

• Mortgage Interest rates may rise.

• Rents continue to fall.

• It’s a buyers’ market. First home buyers are the most active in the marketplace and there is no better time to buy.

Stats attached for April 2026 Rotorua sales statistics.

15/04/2026

02/04/2026

Have a safe and Happy Easter to you all

05/02/2026

19/12/2025

2025 is nearly done and dusted.

It’s been a consistent year in real estate, considering being a flat market with regards to house values, number of sales and median days to sell.

Properties coming to the market where vendors have invested in a marketing campaign with a set strategy I.E. Auction / Tender / Deadline Sale, combined with a well presented home and staging (if needed), are the ones that are selling quickly and for a premium.

A quick breakdown of sales for November:

Residential: 66
Lifestyle: 11
Rural: 02

Total: 79

What’s in store for 2026?

Early 2026 will see a re-write around the rules for Granny Flats.

Basically, Granny Flats will no longer need to go through a Consenting procedure at Council. HOWEVER, there is still a procedure to be followed. You won’t be able to just plonk a Granny Flat on your land without first applying for a PIM (Project Information Memorandum) and having a final sign-off, much like before. Granny Flats will need to be no larger than 70m2 along with a bunch of other rules. If you’re looking at getting one to rent out, the Healthy Homes Standards still apply.

Also in 2026 will see the reversal of the foreign buyer ban. Overseas holders of the Active Investor Plus residency visa will be able to buy a NZ home worth 5m, or more.

November Stats attached.

05/12/2025

A great treat for Christmas