realestate.co.nz
| Type | NZ Limited Company |
|---|---|
| Founded | 1996 |
| Founder | Leonie Freeman |
| Headquarters | Auckland, New Zealand |
Area served | New Zealand |
| Key people | Sarah Wood (CEO) |
| Owner | Real Estate Institute of New Zealand (50%) and Property Page NZ Limited (50%) |
| Website | www |
realestate.co.nz is a New Zealand property listings website. It includes residential and commercial property for sale and rent/lease as well as business for sale listings. The platform is owned by the Real Estate Institute of New Zealand (REINZ) and Property Page Limited which is made up of New Zealand real estate agencies. The platform also publishes property market data.
History
The platform was launched in 1996 by Leonie Freeman under the name RealENZ.co.nz as a joint venture between REINZ and the Auckland Multiple Listed Bureau.[1][2][3]
The site rebranded to realestate.co.nz in 2005 when Property Page Limited (made up of New Zealand real estate agencies) joined the shareholding.[4][5][6] In 2023 the company integrated artificial intelligence (AI) to automate manual listing processes and surface floor plans within listings.[7][8] In 2024, they let private landlords list rentals on the site for the first time.[9]
Property market data
Academic research by Victoria University of Wellington professor Aeron Davis identified realestate.co.nz as one of the sources most frequently cited in New Zealand property news coverage, alongside organisations such as Quotable Value, CoreLogic and the Real Estate Institute of New Zealand.[10] Realestate.co.nz’s dataset, including average asking prices, stock and new listings, dates back to 2007 and is referenced by national, regional and industry media reporting on the property market. Chief Executive Sarah Wood and spokesperson Vanessa Williams provide market commentary.[11][12][13][14][15]
Ownership
realestate.co.nz is half owned by the Real Estate Institute of New Zealand (REINZ) and the other half by Property Page NZ Limited made up of New Zealand real estate agencies Harcourts, Ray White, LJ Hooker, Bayleys, and Barfoot & Thompson.[16][17][18] Sarah Wood has been CEO of the company since February 2019.[19][20]
References
- ↑ Gibson, Anne (24 November 2018). "The interview: New Property Council boss Leonie Freeman out to solve real estate issues". The New Zealand Herald.
- ↑ Wilson, Simon (28 November 2016). "Leonie Freeman has a simple plan to solve the housing crisis". The Spinoff.
- ↑ "2020 Bledisloe Medal citation: Leonie Freeman" (PDF). Lincoln University.
- ↑ "realestate.co.nz Limited". New Zealand Companies Office. Retrieved 6 January 2026.
- ↑ "PROPERTY PAGE (NZ) LIMITED". New Zealand Companies Office. Retrieved 6 January 2026.
- ↑ "About realestate.co.nz". realestate.co.nz. Retrieved 6 January 2026.
- ↑ Bell, Miriam (26 September 2023). "AI bots to make real estate agents more efficient". The Post.
- ↑ "realestate.co.nz introduces AI, making the property journey easier". Idealog. 20 July 2023.
- ↑ Studholme, Liz (8 April 2024). "Kiwi landlords can list more affordably on realestate.co.nz". realestate.co.nz. Retrieved 6 January 2026.
- ↑ "Mediawatch: Property news pumping up the market". Radio New Zealand. 13 October 2025.
- ↑ "Data shows some hope for property investors, though buyers still cautious". Radio New Zealand. 24 May 2024.
- ↑ "Southland house asking prices at record high". Otago Daily Times. 3 June 2025. Retrieved 6 January 2026.
- ↑ "New home listings up 9% year-on-year as sellers return - report". 1News. 1 September 2025. Retrieved 6 January 2026.
- ↑ Rodgers, Mav (6 January 2026). "First-time buyers play key role in Waikato housing market". Waikato Times. Retrieved 6 January 2026.
- ↑ Hickey, Bernard (6 January 2026). "Stock of houses for sale hits a 10-year December high as average asking prices barely match inflation". interest.co.nz. Retrieved 6 January 2026.
- ↑ Hickey, Bernard (3 September 2012). "REINZ ousts CEO of realestate.co.nz as agents review structure and resourcing". interest.co.nz.
- ↑ "About realestate.co.nz". realestate.co.nz. Retrieved 6 January 2026.
- ↑ Harris, Catherine (25 August 2020). "Trade Me makes conditional offer to buy real estate web site homes.co.nz". The New Zealand Herald. Retrieved 6 January 2026.
- ↑ "New CEO for realestate.co.nz". realestate.co.nz. 26 October 2018. Retrieved 6 January 2026.
- ↑ "Sarah Wood appointed Chief Executive Officer for realestate.co.nz". Hobson Leavy. 26 October 2018. Retrieved 6 January 2026.