A better forecast
Rachael Cone of Total Realty on real estate trends New Zealanders can look forward to in 2026.
Good news for Kiwi buyers, sellers, and investors: this year is shaping up to be a brighter year for the property market. After a slower patch in 2025, confidence is on the rise again, and the outlook is much more positive across the country.
One of the biggest boosts is coming from easing mortgage rates. With the Reserve Bank having recently made more cuts, borrowing is becoming more affordable. This is excellent news for first-home buyers who’ve been waiting for the right moment, and it’s likely to encourage more investors back into the market too. Most forecasts are pointing to steady growth of around 5 per cent in house prices – a healthy lift without the overheated feel of past booms.
More balance is returning to the market as well. At Total Realty we are already seeing a wider range of homes become available, giving buyers more choice, while building activity is starting to settle into a nice rhythm. Even though migration has cooled slightly, demand remains strong as more people look for the right place to call home.
At the top end of the market, things could get even more interesting. Recent rule changes may allow high-value foreign buyers back in, which could add extra energy to the luxury segment. This will certainly be a space to watch, as these changes could potentially add a niche layer of upward pressure in our premium property sector.
While a few risks remain, like regional oversupply or slower economic growth, the overall mood is very optimistic. This is looking like a year where confidence returns, and the market finds its stride again.
For those planning their next move, it’s shaping up to be a great year to take action.
Check out our available properties or phone our friendly team, available throughout the South Island, to take advantage of our free, informative market appraisals.
