Et voilà! The dawn of a buyer's housing market

Et voilà! The dawn of a buyer's housing market
Williams said listings are back to pre-covid levels. (Image: supplied)
Brent Melville
Housing has become a buyer’s market again with the fear of missing out gone, and fear of overpaying back.Evidence of the shift includes a higher number of properties on the market combined with falling sales and asking prices trundling down. Add to that, investors and first home buyers retreating from the market, along with empty auction rooms and an absence of crowds at open homes.Pandemic restrictions and fears can be blamed for part of the latter points.But the decline in buyer's interest is also part of the hangover of a year...

More Property

ASB pays $566 m for North Wharf HQ lease extension
Property

ASB pays $566 m for North Wharf HQ lease extension

The OIO has approved ASB's request to extend its lease by nine years.

John Anthony 31 Oct 2025
RBNZ paying for unused floor space at new office
Property

RBNZ paying for unused floor space at new office

The Reserve Bank of NZ's plush new Britomart office will be only partially occupied. 

Andy Macdonald 29 Oct 2025
Labour unveils targeted capital gains tax policy
Property

Labour unveils targeted capital gains tax policy

The tax would apply only to profits from selling residential or commercial property.

Staff reporters 28 Oct 2025
Fletcher Building MD: ‘It hurts to make these cuts’
Property

Fletcher Building MD: ‘It hurts to make these cuts’

An emotional Andrew Reding says staff understand why the firm has to cut back.