News & Research

Watch the latest Monthly Property & Economic Update

22 February 2018

Well, the property market feels like it’s had a sluggish start to the year - with our measure of valuation volumes certainly backing up anecdotal evidence of consistently restrained market activity, especially in Auckland.

Quick highlights include: 

  • Activity at this time of the year is always impacted by public holidays, but even then - we’re still seeing lower than-otherwise-expected levels. 
  • Nationwide, first home buyers are typically less active in January and February, and so far, in 2018 that’s remained true, while both multiple property owners and movers have picked up the slack.
  • Access to KiwiSaver funds and grants will of course be helping first home buyers, and low interest rates are keeping those mortgage repayments manageable.

But make sure you check out the video to hear all about how the New Zealand property market has performed.

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