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 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...
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...
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...
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...
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...
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...
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...
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