House Price Index YoY in New Zealand decreased by 0.20 percent in April from -0.40 percent in March of 2026. House Price Index YoY in New Zealand averaged 4.70 percent from 2008 until 2026, reaching an all time high of 28.40 percent in November of 2021 and a record low of -13.70 percent in May of 2023. source: Quotable Value

House Price Index YoY in New Zealand is expected to be 1.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the New Zealand House Price Index YoY is projected to trend around 1.70 percent in 2027 and 2.00 percent in 2028, according to our econometric models.



Related Last Previous Unit Reference
Average House Prices 912406.00 909572.00 NZD Apr 2026
Building Permits 3370.00 3412.00 Units Mar 2026
Building Permits MoM -1.30 2.80 percent Mar 2026
Construction Output -3.55 -5.64 percent Dec 2025
Home Ownership Rate 66.00 64.50 percent Dec 2023
House Price Index MoM 0.30 0.00 percent Apr 2026
House Price Index YoY -0.20 -0.40 percent Apr 2026
Housing Index 2317.00 2310.00 Points Apr 2026
Price to Rent Ratio 124.15 125.05 Mar 2025
Residential Property Prices -0.60 -1.10 Percent Sep 2025


New Zealand House Price Index YoY
The QV House Price Index measures house price movement throughout New Zealand, providing an indicator of capital growth and how prices are trending in the country.
Actual Previous Highest Lowest Dates Unit Frequency
-0.20 -0.40 28.40 -13.70 2008 - 2026 percent Monthly
NSA