22/09/2026
Regional performance continues to diverge, particularly between the North and South Islands. The national median price fell 1.3% year-on-year to $750,000, with sales down 13% compared with August 2025. Properties took a median of 51 days to sell, three days longer than last year and the fourth-highest August figure on record.
In Wellington, only two of the eight territorial authorities recorded annual price growth, and the region posted its lowest August sales count on record. Both Auckland and Wellington saw their highest August median Days to Sell, with Wellington reaching 60 days.
Despite the REINZ housing data - the general economic outlook is improving. Business confidence is lifting, consumer spending is recovering, export sectors remain resilient, and major banks expect momentum to strengthen further.
For all your real estate needs – reach out to one of our specialists who would be happy to assist.