Auckland house prices 2026

Auckland’s Slowest August on Record for Home Sales

Auckland properties took longer to sell in August than in any August since REINZ records began — and it wasn't an isolated blip. New REINZ data released this week shows the city's inventory has now grown for 31 straight months, while nationwide sales hit their sixth-lowest August level in 35 years. If you own a rental in Auckland, this is the clearest read yet on where the market actually sits heading...

Auckland house prices 2026

2026 09 21 Blog Post

Auckland properties took longer to sell in August than in any August since REINZ records began — and it wasn't an isolated blip. New REINZ data released this week shows the city's inventory has now grown for 31 straight months, while nationwide sales hit their sixth-lowest August level in 35 years. If you own a rental in Auckland, this is the clearest read yet on where the market actually sits...

nz house price forecast

Your Mortgage Rate Rose 25 Basis Points. Your Savings Rose 5.

On 2 September 2026, the Reserve Bank lifted the official cash rate 25 basis points to 2.75%. Within a day, ANZ, ASB, BNZ, Westpac and Kiwibank had passed the full 25 points onto floating mortgage rates. Savers were offered as little as 5 basis points, and in BNZ's case, nothing at all. If you're carrying a mortgage on a rental, that's a real cost increase you absorbed in under 24 hours — while the bank...

Auckland landlord interest rates September 2026

Auckland Landlord Update: OCR Hits 2.75%, Home Values Fall, Rents Hold Flat

The Reserve Bank raised the Official Cash Rate to 2.75% on 2 September 2026, the second increase in as many months. Auckland home values fell 2.7% over winter, the sharpest quarterly drop in two years. Auckland rents barely moved, up just 0.8% to $689 a week. Here's what happened last week, and what it means for your rental. The OCR Hits 2.75%: What It Means for Your Mortgage The Reserve Bank's...

Auckland landlord property manager compliance August 2026

Auckland Landlord Update: Big Property Managers Named Over Mould, and a New Tenant Number Rollout

A national renters' survey has just put numbers behind a complaint tenants have made for years: a signed Healthy Homes compliance statement is no guarantee a rental is actually warm and dry. Some of Auckland's largest property management firms, including Barfoot & Thompson, were named in the breakdown. Here's what happened last week, and what it means for your rental. Big Property Managers Named Over...

Auckland landlord water charges August 2026

Auckland Landlord Update: The Water Charge Rule Catching Landlords Out, and What Falling Prices Really Mean

A government reminder landed this week that catches a lot of Auckland landlords out: you cannot pass on fixed water, wastewater or stormwater charges to your tenant, no matter what your tenancy agreement says. Only metered water usage can be charged to them, and only if the property has a compliant meter. At the same time, new data shows Auckland house values have swung back to their long-term...

Auckland landlord Airbnb tribunal August 2026

Auckland Landlord Update: A $4,250 Airbnb Ruling, and Why Investors Are Selling Before the Election

A Tenancy Tribunal adjudicator has just ordered a landlord to pay a tenant $4,250 after he ran an undisclosed Airbnb out of her rental and then tried to end her tenancy unlawfully when she complained. Separately, new Cotality data shows the share of NZ properties resold for a profit has dropped to its lowest level in almost 14 years, and property investors say election-year tax nerves are part of the...

Auckland landlord rental market August 2026

Auckland Landlord Update: July Rents by Suburb, and a Housing Market in Hibernation

Just 197 homes went to auction across New Zealand in the first week of August — the quietest week since 2023 — while Barfoot & Thompson's own numbers show Auckland's average three-bedroom rent sitting at $702 a week as of 31 July 2026. Auckland's sales market has slowed to what Barfoot & Thompson's own managing director called "hibernation." Here's what happened last week, and what it means for...

Auckland landlord tenancy tribunal August 2026

Auckland Landlord Update: A $3,000 Lesson in Quiet Enjoyment, and Rent Arrears Jump the Tribunal Queue

A Tenancy Tribunal adjudicator has just ordered an Auckland landlord and his property manager to jointly pay $3,000 after debt collectors kept turning up at the rental looking for the landlord, not the tenants. The tenants had never even met him. At the same time, a new three-month pilot starting this week changes how the Tribunal prioritises cases — and it puts unpaid rent near the front of the queue....

Auckland Landlord Update: Rents Slide to $660 as the Winter Market Flatlines

Auckland's median weekly rent has dropped to $660, down 1.5% on a year ago, while renter demand nationally is up 15%. That combination sounds strange until you look at where the growth actually is: the South Island, not Auckland. Here's what happened last week, and what it means for your rental. Auckland Rents Slide to $660 as the Market Hits a Winter Flatline Trade Me's Rental Price Index for June...