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flag New Zealand’s 2026 recovery shows mixed regional progress, with housing and construction rising in the South Island and some regions, while Auckland and Wellington see ongoing price declines.

flag In early 2026, New Zealand’s regional economic recovery shows modest signs of broadening, with the South Island leading in housing and construction, while Auckland and Wellington see ongoing price declines. flag Rental markets diverge, with falls in Wellington and stability in Auckland, but strong growth in Otago, the Bay of Plenty, and Canterbury. flag Building consents rebounded, especially in Wellington and the South Island, though the Bay of Plenty saw a drop. flag Manufacturing and services PMIs stayed above 50, signaling broad-based improvement, but regional disparities persist, with employment gains uneven and Taranaki facing high unemployment.

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