Brief

Residual stock of new Auckland apartments

New Zealand residential market brief, January 2026

January 19, 2026 10 Minute Read

By Tamba Carleton

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In this first research brief of 2026, we take a closer look at the residual stock of new apartments in Auckland. Residual stock refers to new build apartments that have completed construction but are yet to find an owner, and as such, remain in the developers hands until they can off load them.  

 

CBRE tracks all apartment projects in Auckland from inception to completion and beyond. To calculate residual stock, we have taken market (i.e. saleable) apartment projects completed during the past three years and updated the final presale volume prior to completion against current ownership records to see how many units remain under developer control, to comprise the residual stock of new build apartments. The current residual stock totals are:


• CBD: 7 units or 23% of stock completed during this time
• Fringe: 42 units or 13% of stock completed during this time
• Suburban: 472 units or 21% of stock completed during this time