Average House Prices in New Zealand increased to 925461 NZD in January from 905070 NZD in December of 2023. Average House Prices in New Zealand averaged 599186.55 NZD from 2007 until 2024, reaching an all time high of 1063765.00 NZD in January of 2022 and a record low of 375577.00 NZD in February of 2009. source: Quotable Value

Average House Prices in New Zealand is expected to be 930430.00 NZD by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the New Zealand Residential Average Sale Price is projected to trend around 957383.00 NZD in 2025 and 976531.00 NZD in 2026, according to our econometric models.

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New Zealand Residential Average Sale Price

Related Last Previous Unit Reference
Building Permits 2791.00 2691.00 Units Dec 2023
Housing Index 2350.00 2298.00 Points Jan 2024
Average House Prices 925461.00 905070.00 NZD Jan 2024
House Price Index YoY -1.00 -4.20 percent Jan 2024
House Price Index MoM 2.30 -1.00 percent Jan 2024
Building Permits MoM 3.70 -10.60 percent Dec 2023
Construction Output 0.13 11.53 percent Sep 2023
Home Ownership Rate 64.60 64.70 percent Dec 2018
Residential Property Prices -4.30 -8.90 Percent Sep 2023
Price to Rent Ratio 133.58 133.88 Sep 2023

New Zealand Residential Average Sale Price
Actual Previous Highest Lowest Dates Unit Frequency
925461.00 905070.00 1063765.00 375577.00 2007 - 2024 NZD Monthly
Current Prices, NSA