Home values in Tauranga City have increased by 1.3 per cent over the past three months, 4.0 per cent year on year and they are now 5.0 per cent below the previous peak of 2007.
Values in the Western Bay of Plenty increased 0.3 per cent over the past three months and 5.5 per cent year on year, and they are now 5.8 per cent lower than 2007 levels.
QVhomevalue Registered Valuer Mairi Macdonald said the housing market in Tauranga was steady with good activity and sales.
"There is strong buyer interest in new subdivisions in Papamoa and the entry level price bracket suburbs such as Greerton and Welcome Bay.
"The Western Bay of Plenty market remains stable with good interest in coastal properties in Waihi Beach and steady sales activity in the other regional towns."