The January statistics from the Real Estate Institute of New Zealand have now been released. Jen Baird, REINZ CEO, commented “While the numbers predictably show January being a slower month due to the holidays, sales and listings were higher compared to January 2024, and open home volumes were strong across the country with a positive sentiment shown from buyers”

First-home buyers and owner-occupiers were the most active buyer groups in the Bay of Plenty, with investors also returning to Rotorua. Most vendors are setting realistic price expectations to meet the market. Open home attendance levels were strong, including for some properties that have been on the market for a longer timeframe

Read the full BOP Market Update report for more information.

Waikato’s median price decreased by 3.4% year-on-year to $749,000. “First-home buyers, owner-occupiers, and holiday home buyers were all active in the region, with Taupo seeing some investor activity as well.

Read the full Waikato Market Update report for more information.

In Northland the median price decreased by 8.3% year-on-year to $720,000. Owner-occupiers and first-home buyers were the most active buyer groups in Northland in January.

Read the full Northland Market Update report for more information.