“ We will wait to see whether this escalates to pressure on prices and rental values in the medium term. Largely, however, sellers stand to benefit from these structural market realities.”
DENSITY, DEMAND AND DEVELOPMENT
Closer to home, Coulson says policy shifts are priming Auckland and other urban centres for transformation.
“ The government’ s directive for Auckland Council to permit apartment buildings of at least 15-storeys near key transport nodes reveals a clear emphasis on addressing supply constraints, leveraging new infrastructure investment, and vertical growth.
“ This upzoning acknowledges the changing preferences and economic realities of house hunters today, many which remain attached to the idea of a standalone home, but are increasingly considering townhouses and medium-density options as more accessible alternatives.
“ There is potential here for a long-term tailwind of value appreciation in sub-markets. With housing demand unlikely to be met anytime soon, supply bottlenecks may serve to support value growth.”
TIMING AND CONFIDENCE
Coulson says that the current environment rewards those who move with clarity and confidence.
“ Properties positioned strategically, priced realistically, and marketed effectively are primed to attract discerning buyers ready to act.”
He adds that the stars are aligning for a market where patience is still a virtue, but decisiveness is king.
“ Why sell now? Because easing mortgage rates combined with improving affordability are drawing buyers closer to the table.
“ Because global uncertainty is adding value to New Zealand’ s housing stock.
“ Because urban centres are evolving, opening up new avenues for development and value creation.
“ Because, as the market’ s rhythm steadies, and the gap between listings and sales narrows, increasingly the likelihood of further competition and calibrated change.”
RAY WHITE NOW NEW ZEALAND | 9