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New Zealand's home values fell 1.1% in Q3 2025, led by Auckland, with affordability and demand challenges persisting.
New Zealand's housing market declined in the September 2025 quarter, with national home values dropping 1.1% to $900,521, led by Auckland’s 2.5% fall.
While some regions like the West Coast and Southland hit record highs, most cities saw declines, and affordability remains strained despite lower interest rates.
Demand is strongest for modern, move-in-ready homes, while poorly designed properties linger on the market.
Economic uncertainty, high unemployment, and deposit pressures continue to hinder first-home buyers, with analysts predicting flat prices through late 2025 and a modest recovery expected in 2026.
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Los valores de las viviendas de Nueva Zelanda cayeron un 1,1% en el tercer trimestre de 2025, liderados por Auckland, y los desafíos de asequibilidad y demanda persisten.