Average House Prices in New Zealand decreased to 894977 NZD in August from 898799 NZD in July of 2026. Average House Prices in New Zealand averaged 639998.80 NZD from 2007 until 2026, reaching an all time high of 1063765.00 NZD in January of 2022 and a record low of 375577.00 NZD in February of 2009. source: Quotable Value

Average House Prices in New Zealand is expected to be 901017.00 NZD by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the New Zealand Residential Average Sale Price is projected to trend around 914532.00 NZD in 2027 and 932823.00 NZD in 2028, according to our econometric models.



Related Last Previous Unit Reference
Average House Prices 894977.00 898799.00 NZD Aug 2026
Building Permits 3525.00 3337.00 Units Aug 2026
Building Permits MoM 5.60 -4.50 percent Aug 2026
Construction Output 5.20 -4.18 percent Jun 2026
Home Ownership Rate 66.00 64.50 percent Dec 2023
House Price Index MoM -0.40 -0.90 percent Aug 2026
House Price Index YoY -1.30 -1.21 percent Aug 2026
Housing Index 2273.00 2282.00 Points Aug 2026
Price to Rent Ratio 121.39 122.77 points Dec 2025
Residential Property Prices -0.75 -1.19 Percent Mar 2026


New Zealand Residential Average Sale Price
Actual Previous Highest Lowest Dates Unit Frequency
894977.00 898799.00 1063765.00 375577.00 2007 - 2026 NZD Monthly
Current Prices, NSA