The New Zealand property market is shifting, and the latest data from http://realestate.co.nz tells us exactly how.

In just the last three months, sellers dropped their prices enough for a total of $54 million to be wiped off asking prices across New Zealand.

But strangely, it could be good news, as it’s slowing from previous falls.

So are we at a turning point?

In this episode of Making Cents Ask the Experts, financial journalist Frances Cook sits down with Vanessa Williams from realestate.co.nz, to break down what's actually happening in the NZ property market right now. Not the vibes, the real numbers.

We cover:

Whether New Zealand is still in a buyer's market, and how long that might last
How the Iran conflict and rising oil prices could affect property
The best strategies for sellers in this market
How buyers can negotiate hard, and where the best opportunities are hiding
What the data hints at for the next 6 to 12 months

Whether you're buying, selling, or just watching the market, this episode gives you the real picture on New Zealand property in 2026.

If you have a letter you’d like us to answer, send it through to ask@francescook.co.nz and you might feature on our next episode!

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This podcast was filmed & produced by Fanaticals

Video editing & content production by Lana Byrne

Audio engineering by Tash Chittock

$54M Wiped From NZ Property: Here's What It Actually Means