Is New Zealand’s housing market entering an era of lower growth?

NZ Herald·14 Oct, 2026 04:00 PM3 mins to read‌The rolling 10-year growth rate for New Zealand's national median property value has recently slowed to a historically low level, says Cotality. Photo / 123rfNew Zealand may already be transitioning to a lower-growth housing market as rapid price gains of previous decades become less common, property data analytics company Cotality says.While the national median property value remains 19% below its previous 2021-22 peak, it is still 37% higher than in September 2016. That