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Tauranga's median house price dropped just 0.4 per cent to $901,000.
REINZ data shows Katikati's median has risen to $624,000 in the year to February 2021.
A total 165 building consents worth nearly $94m were issued in December.
Pundits hope a jump in vacant land sales helps ease Auckland's pressing housing shortage.
CoreLogic: Tauranga's quarterly growth rate rose an "extraordinary" 10.2 per cent.
One of the biggest projects has been the $200m Farmers Tauranga development.
REINZ: Tauranga's median house price jumped $125,000 in just 11 months.
Can you achieve work-life balance and pay less for your home?
More than two dozen properties in the suburb have fetched above $1 million this year.
Lockdown might even be a joy if you owned one of these stunning properties.
Luxury house sales boomed again in 2020 even without foreign buyers.
CoreLogic: Matua climbed 12 per cent in median value in the past 12 months.
REINZ: Bay properties selling fast with median days to sell at a record low of 30 days.
CoreLogic: 98 per cent of Tauranga property resales made a gross profit in Q3 2020
There is a capital gains tax already on the books, it's just not enforced: Researchers
Builders can't get houses to the market fast enough.
Grant Child has called more than 9000 auctions in his career.
Luxridge Apartments, with a focus on luxury, planned for Selwyn St.
The Vantage development will include a new six-storey mixed-use apartment building.
Property experts warn of frenzied buying ahead but agents say the "crazy" is already here.
If you thought house prices were high, they could be about to rise even further.
Feedback from auctioneers around the country was that auction rooms were "extremely busy".
The $500 million is estimated to create more than 1000 jobs through construction phase.
OneRoof report showed in the year to March 25, all suburbs showed positive growth.