Photo: RNZ / REECE BAKER
2025 was not a great year for many house price forecasters, who had to revise their forecasts down many times as the year went on.
At the start of the year, Westpac thought prices might lift 7 percent. At one point ASB thought they could lift 10 percent.
But while activity picked up over the past 12 months, prices were mostly flat and even went through months of decline in the middle of the year.
So what might lie ahead in the coming 12 months?
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Commentators say there is likely to be a bit of an increase in prices in the year ahead, but this time no one expects increases anywhere near double-digit percentages.
BNZ chief economist Mike Jones said house prices migh
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