Price to Rent Ratio in New Zealand decreased to 124.15 in the first quarter of 2025 from 125.05 in the fourth quarter of 2024. Price to Rent Ratio in New Zealand averaged 64.46 from 1970 until 2025, reaching an all time high of 163.01 in the fourth quarter of 2021 and a record low of 30.87 in the fourth quarter of 1970. source: OECD



Related Last Previous Unit Reference
Average House Prices 910118.00 907274.00 NZD Dec 2025
Building Permits 3250.00 3406.00 Units Dec 2025
Building Permits MoM -4.60 2.70 percent Dec 2025
Construction Output -4.36 -9.92 percent Sep 2025
Home Ownership Rate 66.00 64.50 percent Dec 2023
House Price Index MoM 0.30 0.60 percent Dec 2025
House Price Index YoY 0.80 -0.10 percent Dec 2025
Housing Index 2311.00 2304.00 Points Dec 2025
Price to Rent Ratio 124.15 125.05 Mar 2025
Residential Property Prices -1.15 -1.90 Percent Jun 2025


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
124.15 125.05 163.01 30.87 1970 - 2025 Quarterly
Price Index, SA