{"id":263035,"date":"2026-02-01T22:06:07","date_gmt":"2026-02-01T22:06:07","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/263035\/"},"modified":"2026-02-01T22:06:07","modified_gmt":"2026-02-01T22:06:07","slug":"home-values-edge-higher-in-january","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/263035\/","title":{"rendered":"Home values edge higher in January"},"content":{"rendered":"<p>\u201cAffordability and serviceability constraints are likely to naturally dampen demand, but also renewed cost-of-living pressures and a strong chance that interest rates will rise. There is also slowing population growth to consider.\u201d\u00a0<\/p>\n<p>For-sale stock remains tight, with Cotality estimating that the <a href=\"https:\/\/www.mpamag.com\/au\/news\/general\/listings-slump-to-multiyear-lows-intensifying-buyer-competition\/563428\" target=\"_blank\" rel=\"nofollow noopener\">number of homes listed<\/a> is 19% below the level seen at the same time last year and 25% beneath the five-year average for this point in the calendar.<\/p>\n<p>Over the same period, the rolling quarterly volume of sales is assessed to be 1% higher than a year earlier and only 3% below its five-year norm, suggesting demand is still absorbing limited supply.<\/p>\n<p>Lower-priced stock continues to underpin much of the growth, particularly in detached housing. Across the combined capitals, house values in the lower quartile increased by 1.3% in January, compared with a 0.3% rise at the upper quartile.<\/p>\n<p>\u201cThis trend of stronger growth conditions at lower price points is supported by intense competition for more affordable houses,\u201d Lawless said. \u201cThis is where first-home buyers, investors and, progressively, mainstream demand is most concentrated.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"\u201cAffordability and serviceability constraints are likely to naturally dampen demand, but also renewed cost-of-living pressures and a strong&hellip;\n","protected":false},"author":2,"featured_media":263036,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[138,150589,219,150588,111,139,69],"class_list":{"0":"post-263035","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-business","9":"tag-dwelling-values","10":"tag-economy","11":"tag-home-values","12":"tag-new-zealand","13":"tag-newzealand","14":"tag-nz"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/263035","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=263035"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/263035\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/263036"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=263035"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=263035"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=263035"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}