Housing Market 2025 Forecast Nz. December's overhang was 24.5% higher than it was in december 2023, and the highest it has been for any month of the year since may 2015. The housing market had a flat 2024, as the impact of falling interest rates was offset by uncertainty about the labour market, and large numbers of houses for sale.
What could happen with the official cash rate? With the christmas and new year period firmly in the rear view mirror, now is a good time to start taking stock of what’s to come for nz’s property market in the next 12 months.