Housing Market Update for the March quarter 2026

The Housing Market Update provides a quarterly snapshot of housing market conditions in New Zealand.

About the Housing Market Update

The purpose of the Housing Market Update is to provide an overview of housing and rental markets, residential construction and broader economic conditions. It brings together a range of indicators into one view to help understand current conditions, recent trends and emerging outlooks across the housing system.

Each quarterly update features analysis of changes over the short and medium term. The update focuses on trends over time rather than short‑term volatility and uses a combination of leading and lagging indicators to assess direction and underlying system dynamics across the system.

The update covers statistics and information from the latest available quarter. Where data is lagged, this is noted in the report. It draws on publicly available data alongside some internally produced analysis.

Who the update is for

The Housing Market Update is intended to support understanding and discussion among housing agencies, the residential property and construction sector, and the wider public. It does not constitute policy advice and should not be relied on for decision‑making.

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