Figures

Q1 2025 Auckland Apartment Figures

After two years of double digits, presale volume has hit single digits

February 23, 2025 10 Minute Read

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Key Points: 

 

  • The size of the apartment pipeline continues to drop. It currently comprises 69 active projects, down from a peak of 183 three years ago.
  • There have been 7 pipeline additions since November 2024. Four of these projects are in the isthmus.
  • Only one of the pipeline additions has gone to the market for presale, with the others a mix of social, BTR, or expected to launch for sell down later. There were 8 presales in the latest quarter. Kainga Ora projects comprise the bulk of recent completions