Welcome to the first OneRoof Property Report of 2019. You’ll be able to see how well your own suburb has fared, and how it compares to not just neighbouring suburbs but also the rest of the country, from Houhora in the Far North to Catlins at the bottom of the South Island.
The figures point to a continued softening in New Zealand’s biggest market – Auckland – and underline the continued scope for growth in smaller urban markets, such as Whangarei, Rotorua, Hawke’s Bay, Whanganui, Dunedin and Invercargill.
Wellington is pushing ahead but Tauranga and Hamilton, the first regions to feel the ripple effects from Auckland’s boom, are starting to slow.
With affordability and debt dominating conversations in New Zealand, we have examined what effect mortgage stress is having on different parts of the country and reveal the areas with the highest proportion of households with no mortgages.
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Our analysis shows that the number of mortgage-free properties has declined in over half of New Zealand’s territorial authorities between 2014 and 2018.
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