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flag New Zealand’s housing market hit a record 30,000+ listings in Dec 2025, with mixed prices and signs of 2026 recovery.

flag In December 2025, New Zealand’s property market hit a record high in listings—over 30,000 homes—driven by strong supply growth in regions like Auckland and Bay of Plenty, defying seasonal trends. flag Despite a national average asking price holding steady at $860,274, several areas saw declines, notably Wellington, which dropped 9.1% to $797,463, and Gisborne, down 29.1%. flag The market showed mixed results nationally, with flat values for the year and a 1% annual decline, but analysts see potential for recovery in 2026 due to lower mortgage rates, regulatory changes, and increased buyer activity.

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