Sales activity lifted across New Zealand in July 2025, according to new figures from the Real Estate Institute (REINZ), even as fewer homes came onto the market. Listings were down 4.2% compared to last July, while sales rose 4% nationwide, suggesting buyers remain active despite tighter supply.REINZ Chief Executive Lizzy Ryley said the seasonal pattern is clear. “We’re seeing the usual winter slowdown in listings, but buyers are still out there. The lift in sales compared to last July suggests there’s solid interest despite fewer new homes coming to market.”The national median price nudged up 1.8% year-on-year to $767,250. Auckland recorded a 2.6% rise to $975,000. Excluding Auckland, the median price increased 3.9% to $695,000. Eleven regions saw annual price gains, with Nelson and Otago showing the sharpest growth.For Coasties, the numbers reflect what many are noticing in local open homes – fewer new properties listed, but steady demand. While some vendors are holding off until spring, salespeople say most are realistic and prepared to meet the market now.Across the country, the number of days to sell eased slightly to 48, while auctions made up 13.5% of sales. Inventory dipped by 0.4%, leaving just over 30,000 properties for sale.Ryley noted that while buyers remain active, they are not rushing. “With steady days to sell, it’s clear people feel they have time to weigh up their options.”Seen something local we should cover?Let us know at [email protected]