Property Values Edged Up in April, but a "Holding Pattern" Remains

Cotality’s April 2026 data shows a slight rise in NZ property values, yet Chief Economist Kelvin Davidson warns that rising interest rates and Iran-related uncertainty could flatten the market.

By: AXL Media

Published: May 1, 2026, 4:02 AM EDT

Source: RNZ Pacific

Regional Divergence: Gainers and Losers

The slight national increase masked significant variability across the country’s main centers. While some regions showed resilience, others continued to soften.

Region

April Change (%)

Market Status

Dunedin