Auckland’s Housing Market Is Stabilising – But What Does It Mean for Your Long-Term Financial Security?
Published on Fri May 9 2025 in Money
After a few years of turbulence, Auckland’s housing market is starting to show signs of recovery. According to the latest figures from the Real Estate Institute of New Zealand (REINZ), the median house price in Auckland has stabilised at $1.04 million as of March 2025. While that figure represents a 2.8% annual decline, experts suggest we’ve turned a corner from the price dips of recent years.
That’s good news for homeowners and investors – but what does it mean for everyday Kiwis trying to plan for the future?
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📊 The Bigger Picture: Economy Still Finding Its Feet
Despite some recovery in housing, New Zealand’s overall economy remains fragile. Even though NZ’s Gross Domestic Product (GDP) rose 0.7% in the December quarter of 2024, unemployment is sitting at 5.1% in the March 2025 quarter 5.3%, its highest level since 2016. These figures point to an economy in transition – slowly regaining ground, but still vulnerable to global uncertainty and domestic challenges.
While interest rate cuts by the Reserve Bank – and more expected- could ease the pressure on mortgages, many families are reassessing their long-term financial resilience. It’s not just about home ownership anymore – it’s about building a robust safety net across all aspects of life.
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🛡 Why Funeral Insurance Deserves a Spot in Your Financial Plan
In this climate, financial planning should go beyond savings accounts and property investments. It’s about making sure every part of your plan includes protection for your loved ones, even in life’s most difficult moments.
That’s where funeral insurance comes in.
At Momentum Life, we’ve seen firsthand how funeral costs – several thousand dollars in New Zealand – can strain families emotionally and financially. And unlike some other policies, our funeral insurance offers guaranteed acceptance for NZ residents aged 40 to 75, with no medicals required.
Think of it this way: you may have your mortgage sorted, your super fund on track, and even a small portfolio of investments. But if something were to happen to you unexpectedly, would your family have the immediate funds to cover your farewell?
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💬 Final Thoughts
Auckland’s housing market may be bouncing back, but financial certainty still feels out of reach for many. As part of your holistic approach to financial planning, funeral insurance is a smart, responsible way to protect the people who matter most – no matter what the economy throws at us next.
Explore Momentum Life’s simple, online funeral insurance plans today. Your family’s future is worth it.
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The content provided in this article is for information purposes only. The information is of a general nature and does not constitute financial advice or other professional advice. To the extent that any of the content constitutes financial advice, it is limited to Momentum Life products only and does not consider your specific financial needs or goals. You should consider whether the information is appropriate for you and seek independent professional advice, if required.
All product information is correct at the time this article was published. For current product information, please visit the Momentum Life website.