New Zealand’s property market is slowly but surely on the rise, with Hamilton leading the pack

By Scott Mears - Aspire PRO Enterprises

The latest data from CoreLogic New Zealand indicates a gradual yet consistent upturn in the country's housing market. In April 2025, national property values increased by 0.3%, marking the fourth consecutive month of growth. 

Regionally, the momentum varies:

• Hamilton: Up by 0.8%

• Christchurch: Increased by 0.5%

• Auckland: Rose by 0.3%

• Wellington, Dunedin, Tauranga: Each saw modest gains of 0.1%

Chief Property Economist at CoreLogic, Kelvin Davidson, notes that lower mortgage rates have bolstered buyer confidence, contributing to the market's gradual recovery. However, he cautions against expecting a rapid boom, with high listings and new debt-to-income lending caps likely to keep growth steady rather than explosive.

Looking ahead, CoreLogic forecasts a national property value increase of around 5% for 2025. 

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