Residential Property Prices in New Zealand decreased 1.15 percent in June of 2025 over the same month in the previous year. Residential Property Prices in New Zealand averaged 8.97 Percent from 1971 until 2025, reaching an all time high of 43.73 Percent in the second quarter of 1974 and a record low of -11.67 Percent in the first quarter of 2023.



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 Residential Property Prices
The Residential Property Prices in New Zealand refers to the year-over-year change in nominal residential property prices.
Actual Previous Highest Lowest Dates Unit Frequency
-1.15 -1.90 43.73 -11.67 1971 - 2025 Percent Quarterly
NSA, Nominal