Price to Rent Ratio in New Zealand decreased to 123.68 in the second quarter of 2025 from 124.15 in the first quarter of 2025. Price to Rent Ratio in New Zealand averaged 64.73 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 906443.00 912190.00 NZD Jun 2026
Building Permits 3661.00 3814.00 Units May 2026
Building Permits MoM -4.00 11.10 percent May 2026
Construction Output -5.91 -0.99 percent Mar 2026
Home Ownership Rate 66.00 64.50 percent Dec 2023
House Price Index MoM -0.60 0.00 percent Jun 2026
House Price Index YoY -0.40 -0.20 percent Jun 2026
Housing Index 2302.00 2316.00 Points Jun 2026
Price to Rent Ratio 123.68 124.15 Jun 2025
Residential Property Prices -1.26 -0.53 Percent Dec 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
123.68 124.15 163.01 30.87 1970 - 2025 Quarterly
Price Index, SA