Throughout much of 2023, the housing market had to contend with the overshadowing influence of global developments and cost-of-living pressures. However, Kiwis have shown patience and resilience and are now primed to engage with enthusiasm.

A critical policy battle is being played out across New Zealand’s urban fringes, with upcoming changes directed by the incoming National-led government likely to have implications for lifestyle property owners.

Policies designed to lure investors into the productive new build marketplace offer a world of opportunities.

Residential market sentiment is bouncing back from economic uncertainty, with a built-up queue of buyers and sellers encouraged by improving housing sector dynamics.

With sales data showing the residential market improving, commentators say 2024 is shaping up to be a story of realignment between housing supply and buyer demand.

aspirations on the back burner, but with the Official Cash Rate on hold and greater certainty ahead, budding land owners are coming back to the fore.

An intergenerational shift is underway in the lifestyle sales sector, as ageing farmers invoke early retirement plans and youthful movement to rural areas gains pace. Bayleys asks, what’s driving younger Kiwis to our provinces and rural regions?

Following several years of net migration losses, New Zealand’s population is once again rising rapidly, owing to flexible immigration policy tasked with improving economic capacity constraints. We’ve been here before, but will a swelling citizenry send ..

Record-low mortgage lending rates helped residential values to hit new heights during the pandemic, but a new set of drivers is now in play, with consequences for residential decision-making.

Not immune from the quirks of the economic climate, the lifestyle sales sector has seen buyers pull back amid uncertainty, but growing opportunities that contrast the rising cost of living are encouraging more Kiwis to escape urban confines.

Residential demand dynamics continue to oscillate as Kiwis adjust to new financial conditions. Still, greater certainty about the road ahead allows homeowners a chance to leverage opportunities, creating optimism as we move into a fresh, new year.

Following an increase in mortgage lending rates and a decline in residential property values, Kiwis have found footing uncertain. Sales activity has picked up and Bayleys experts say opportunities are present in every market – it's about where to look.