Source: REINZ
The West Coast leads with an 11.50 per cent price increase, reflecting sustained demand in New Zealand’ s most affordable region.
Southland( 5.60 per cent), Tasman( 4.20 per cent), and Gisborne( 4.0 per cent) also posted solid gains, highlighting the appeal of lifestyle regions with accessible price points.
In contrast, major centres are seeing a correction. Prices in Wellington City and Auckland City have declined by 6.20 per cent and 6.0 per cent, respectively, providing new entry points into markets that have been extremely‘ unaffordable’.
Canterbury, Marlborough, and Taranaki remain steady.
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