About half of all apartments now in the development pipeline are pre-sold or under contract. A further quarter are not available for sale, due to factors such as the developer holding them for investment.
The research comes at the same time Cabinet Minister Nikki Kaye has called for people's stories of issues with body corporates and their managers, with a view to changing aspects of the current regime.
CBRE said the strong sales left only about a quarter of the pipeline, or 2000 units, on the market for sale.
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Zoltan Moricz, CBRE national research director, said development activity had increased dramatically.
"The number of apartments in the pipeline has almost doubled between 2014 and January 2016, and the 103 active projects are well spread across the Auckland region. The research also shows that expected apartment project completions in 2016 will approach the volume that were built during the peak years of the previous apartment development cycle in 2005," he said.
However, buying off the plans has not always proved wise.
In 2014, a purchaser of a New Lynn apartment was shocked to find window and bed space blocked by pillars she claims were not on the plans.
Yet the developer insisted the floor-to-ceiling pillars were declared, prompting a warning to buyers to get expert advice before buying off the plans.
