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flag New Zealand's housing market saw stronger sales and prices in December 2025, driven by lower rates and improved affordability.

flag New Zealand’s housing market showed resilience in December 2025, with national sales up 8.1% year-on-year and prices rising 1.4% annually to a median of $786,977, despite a monthly dip. flag Outside Auckland, sales jumped 10.6% and prices rose 2.1%, with Gisborne, Opotiki, and Canterbury hitting record highs. flag Auckland’s median price held above $1 million for the third straight month. flag Lower interest rates and improved affordability boosted buyer activity, especially among first-home buyers, while days to sell dropped to 39 nationally. flag The House Price Index fell 0.4% from December 2024 but remained 15.7% below its peak, with regional markets outperforming major cities.

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