ANZ forecasts 6% house price growth in 2025

30th January 2025 By Staff Reporter | news@propertyticker.co.nz | @propertyticker

New Zealand’s housing market has begun 2025 on a stable footing, with house prices returning to growth in recent months, according to ANZ.

The bank’s New Zealand Property Focus report released today, subtitled Starting 2025 on a more stable footing, showed sale volumes trending higher.

However, the market was not showing signs of rapid price growth due to the high level of stock on the market, subdued owner-occupier activity, and slow market mobility.

ANZ forecast a 6% increase in house prices for the year, “made up of a slow start to the year and a more meaningful upswing in house prices in the second half of 2025”.