Five Top Selling Tips as Westpac Forecasts 5.4% Property Price Growth for 2026
Westpac NZ predicts 5.4% house price growth next year. Discover five expert tips to maximise your sale and make the most of the coming market upswing.
Westpac NZ has released a new housing report predicting a 5.4% lift in property prices next year, signalling a potential turning point for the New Zealand real estate market.
Chief Economist Kelly Eckhold says house values should remain steady for the rest of this year before gradually picking up in 2026. “Investor and owner-occupier demand have continued to grow, but population growth is currently slow,” he explained, noting that a steady stream of new builds has helped keep supply balanced.
While interest rates are expected to fall, Westpac suggests the shift in market momentum will take time. The report described current market activity as “comatose,” as many Kiwis remain cautious amid economic uncertainty and memories of the post-Covid property boom.
However, the bank expects next year’s growth to mark the beginning of a more positive cycle, offering sellers a chance to position their properties strategically for maximum results.
So, if you’re considering selling your home or upgrading to your next property, here are five key strategies to help you make the most of the changing market:
1. Time Your Sale Strategically
Consider listing toward the end of this year or early next year, when buyer confidence starts to lift alongside market gains. If you’re upgrading, don’t delay your sale for too long—otherwise, you may face higher purchase prices when buying your next home.
2. Perfect Your Presentation
Use the current slower period to tackle repairs, maintenance, cleaning, and professional staging. Buyers are still active in the market, and properties presented in pristine condition always attract more attention and stronger offers.
3. Stand Out in the Crowd
In a market where listings are plentiful, high-quality photography, styling, and marketing are essential. A beautifully presented home not only captures attention but also helps justify your asking price and stand out from competing properties.
4. Price with Purpose
Work with your agent to set a strategic price that appeals to both owner-occupiers and investors. A competitive price can generate multiple offers—creating the opportunity for bidding competition that drives your final sale price higher.
5. Leverage Market Sentiment
Keep a close eye on economic indicators and interest rate changes. As confidence returns, be ready to go live quickly with marketing that highlights your property’s long-term value, location appeal, and lifestyle benefits. Capturing early momentum can give you a strong advantage over sellers who wait.
With Westpac’s 2026 housing forecast showing encouraging signs of recovery, now is the ideal time to prepare your home and strategy. The best results will go to those who are ready to act when confidence returns to the market.
Let’s discuss your home selling strategy.
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