Property Market – Nine in ten NZ property resellers make a profit despite market softness
Source: Cotality (formerly CoreLogic) New Zealand’s residential property market remained broadly steady in the March quarter, with the average seller pocketing $280,000, according to Cotality’s latest Pain and Gain Report. The share of resales made at a gross profit in Q1 2025 was 90.8%, easing only slightly from 91.1% in the previous quarter. While still … Read more