House Price Index YoY in New Zealand remained unchanged at -0.20 percent in May. House Price Index YoY in New Zealand averaged 4.68 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 -0.30 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 0.20 percent in 2027 and 1.50 percent in 2028, according to our econometric models.