New Zealand's residential property sector continues to demonstrate resilience, with building consents showing sustained growth across the country. NZ Herald reports that 36,944 new homes were consented in the year ended January 2026, representing a 9.3% increase compared to the previous year. This upward trend reflects easing cost pressures and renewed confidence in the housing market, particularly as regional areas attract greater attention from buyers seeking alternatives to metropolitan centres.

New Zealand's air source heat pump market is experiencing steady growth as homeowners increasingly seek energy-efficient climate control solutions. According to TechSci Research, the market was valued at US$9.26 million (approximately NZ$15.7 million) in 2024 and is expected to reach US$13.67 million (approximately NZ$23.2 million) by 2030, reflecting a compound annual growth rate of 6.71%. This expansion aligns with broader trends in the service sector, which accounts for 73% of all GDP activity as of 2024, according to Wikipedia's Economy of New Zealand data.