Price to Rent Ratio in New Zealand increased to 121.82 points in the first quarter of 2026 from 121.53 points in the fourth quarter of 2025. Price to Rent Ratio in New Zealand averaged 65.49 points from 1970 until 2026, reaching an all time high of 163.07 points in the fourth quarter of 2021 and a record low of 30.87 points in the fourth quarter of 1970. source: OECD



Related Last Previous Unit Reference
Average House Prices 892580.00 894977.00 NZD Sep 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 -0.30 -0.40 percent Sep 2026
House Price Index YoY -0.90 -1.30 percent Sep 2026
Housing Index 2267.00 2273.00 Points Sep 2026
Price to Rent Ratio 121.82 121.53 points Mar 2026
Residential Property Prices -0.69 -0.62 Percent Jun 2026


New Zealand Price to Rent Ratio
The price to rent ratio in New Zealand measures the nominal house price index divided by the housing rent price index.
Actual Previous Highest Lowest Dates Unit Frequency
121.82 121.53 163.07 30.87 1970 - 2026 points Quarterly
Price Index, SA