MIGRATION AND INFRASTRUCTURE
Migration trends , government policy , and local infrastructure investment heavily influence the property market . While migration remains strong , New Zealand has long struggled with underinvestment in key infrastructure , evident in everything from health care to roading and water services . This has exacerbated housing supply constraints .
A recent pivot in government strategy , reflected by the decision to offload 109 unsold ‘ KiwiBuild ’ homes , signals a move away from intervention and a greater reliance on market forces . This step change in the government ’ s approach to housing shows a reduced appetite for managing the housing market , with potential implications for pricing and future dynamics — a space to watch for the coming months .
THE TIME IS NOW
The current selling environment is ideal for those considering selling in 2025 . Lower mortgage lending rates , stability , and improved buyer confidence support this .
As the OCR is poised to fall further and ongoing economic adjustments encourage growth , New Zealand ’ s residential property market will continue to evolve to benefit buyers and sellers . Homeowners that act now , informed by realistic market pricing and an understanding of current dynamics , will be in the best position to leverage opportunities ahead .
This new year offers more than a fresh start ; it ’ s a turning point for the economy . By aligning with the current trends , our teams across the country encourage you to capitalise on the conditions shaping the market and heed the call to achieve your property goals as conditions continue to improve in the months ahead .
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