Report

Q2 2026 Auckland Apartment Figures

Apartment pipeline falls to lowest level in more than a decade

May 26, 2026 12 Minute Read

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key points: 

 

  • The total pipeline has decreased from 50 projects to 44 projects and is now at the lowest level since our records began in 2014.
  • The decline in pipeline size is due to launches not offsetting the slight lift in completions and abandonments. Most of the recent abandonments have been marketed for at least a year with no meaningful presale traction and have now pulled the pin.
  • The total number of presales was 17 for the Q1 2026 quarter. While this is comparable to the previous quarter, it covers a seasonally strong transaction period and as such it is an underwhelming result.