House-price-to-income ratios have fallen, but home ownership bills are up 84%: is New Zealand housing really more affordable?
After several years of adjustment, New Zealand’s housing market has finally shown a positive sign.
Property · Building · Design
After several years of adjustment, New Zealand’s housing market has finally shown a positive sign.
From the city centre waterfront to Ōrewa in the north, and from Drury in the south to the Northwestern Motorway corridor, a wave of major projects is advancing across Auckland. Port expansion, a new metropolitan centre, a 55-storey skyscraper, a rapid bus corridor and an Eden Park upgrade… These seemingly separate projects are together shaping Auckland’s urban landscape for the next decade.
Devonport town centre on Auckland’s North Shore could be facing its biggest transformation in decades.
If you buy a home for NZ$800,000 and sell it a few years later for NZ$850,000, have you made NZ$50,000?
Over the past few years, asking Chinese buyers about their impressions of Newmarket has often produced similar answers.
From 14 August to 15, the Auckland edition of the 2026 New Zealand International Building Expo & Summit (NZIBES) took place at Due Drop Events Centre. The two-day event recorded 11,597 visits, bringing together more than a hundred exhibiting brands and representatives from government, construction, property, design, engineering, supply chains, education and professional services. This year’s theme was ‘Working in synergy, empowering progress’.
The 2026 New Zealand International Building Expo & Summit (NZIBES) officially opened at Auckland’s Due Drop Events Centre on the morning of 14 August.
As market conditions change, so do the questions construction businesses are asking. Which new materials and technologies are ready for practical use in projects? How can building performance and construction efficiency be improved? Where can businesses find policy guidance, workforce support and technical assistance? And where will the next opportunities for collaboration emerge?
A genuine building practitioner’s licence appeared in inspection documents for an Auckland residential project. Yet the licence holder had neither taken part in the work nor even known that someone else was using his licence.
Another large site in Mt Albert has been put on the market.
Without a recent Stuff report, many people might not realise that New Zealand’s housing downturn has now lasted a full 4 and a half years, becoming the most severe property market correction in almost half a century.
NZ$1,100,000 eventually became NZ$250,000; NZ$18,270,000 may not be the final figure either.