The average price of residential property in Auckland City, New Zealand, was the highest in the Auckland region in June 2025, with an average sale price of around *** million New Zealand dollars. In the same month, the regional median house price was around ******* New Zealand dollars across Auckland. Housing costs The average sale price of residential property in Auckland has fluctuated over the past months. While housing affordability has improved slightly as the median house price has begun to stabilize, Auckland still has one of the least affordable housing markets in the developed world. The average weekly rent in the city has been over *** New Zealand dollars a week since 2016, with the Auckland region having one of the highest mean rents for residential housing across the country. Residential housing construction New Zealand's new residential dwelling consents hit a five-year low in 2024. The number of building consents granted for new homes in the Auckland region declined that same year, following a trend of year-on-year decreases since 2021. Nonetheless, a stronger pipeline of residential housing development is expected between late 2025 and 2029, hopefully providing some relief from the supply and demand imbalance.

Graph and download economic data for Real Residential Property Prices for New Zealand (QNZR628BIS) from Q2 1962 to Q2 2025 about New Zealand, residential, HPI, housing, real, price index, indexes, and price.

Average House Prices in New Zealand increased to 902020 NZD in October from 900521 NZD in September of 2025. This dataset includes a chart with historical data for New Zealand Average House Prices.

In June 2025, the Papakura district recorded the largest annual change in residential property prices in Auckland, New Zealand, with a decrease of *** percent compared to June of the previous year. Across the entire Auckland region, Auckland City had the highest average residential property sales price.

Monthly real estate statistics for Auckland including median prices, days on market, and sales volumes.

Key information about House Prices Growth

• New Zealand house prices dropped 0.7% YoY in Jun 2025, following a decrease of 1.7% YoY in the previous quarter.
• YoY growth data is updated quarterly, available from Dec 1990 to Jun 2025, with an average growth rate of 0.0%.

CEIC calculates House Prices Growth from quarterly House Price Index. The Reserve Bank of New Zealand provides House Price Index, calculated from Reserve Bank of New Zealand estimates, with base December 2003=1000.

In October 2025, the average sales price of residential properties sold in Auckland, New Zealand amounted to around ******* New Zealand dollars. Auckland property prices peaked in November 2021, with prices gradually declining throughout 2022 and early 2023.

House Price Index YoY in New Zealand increased to 0 percent in October from -0.10 percent in September of 2025. This dataset includes a chart with historical data for New Zealand House Price Index YoY.

New Zealand NZ: Price to Income Ratio: sa data was reported at 105.825 2015=100 in Mar 2025. This records a decrease from the previous number of 107.289 2015=100 for Dec 2024. New Zealand NZ: Price to Income Ratio: sa data is updated quarterly, averaging 88.910 2015=100 from Mar 1986 (Median) to Mar 2025, with 157 observations. The data reached an all-time high of 142.895 2015=100 in Dec 2021 and a record low of 46.819 2015=100 in Mar 1987. New Zealand NZ: Price to Income Ratio: sa data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s New Zealand – Table NZ.OECD.AHPI: House Price Index: Seasonally Adjusted: OECD Member: Quarterly. Nominal house prices divided by nominal disposable income per head. Net household disposable income is used. The population data come from the OECD national accounts database.

The average price of residential property in New Zealand in December 2024 was around ******* New Zealand dollars. Auckland had the highest average sales price across the country's regions that year at around *********** New Zealand dollars.

Denmark Property Price: DR: Capital Region: North Zealand (NZ) data was reported at 20,974.000 DKK/sq m in Mar 2018. This records an increase from the previous number of 20,849.000 DKK/sq m for Dec 2017. Denmark Property Price: DR: Capital Region: North Zealand (NZ) data is updated quarterly, averaging 16,474.000 DKK/sq m from Mar 1992 (Median) to Mar 2018, with 105 observations. The data reached an all-time high of 24,556.000 DKK/sq m in Dec 2006 and a record low of 5,344.000 DKK/sq m in Mar 1993. Denmark Property Price: DR: Capital Region: North Zealand (NZ) data remains active status in CEIC and is reported by Association of Danish Mortgage Banks. The data is categorized under Global Database’s Denmark – Table DK.P002: Property Price: by Region.

New Zealand has one of the highest house price-to-income ratios in the world; nonetheless, since the first quarter of 2022, the country's house price-to-income ratio started to trend downward. In the first quarter of 2025, the ratio was *****, a decrease from the same quarter of the previous year. This ratio was calculated by dividing nominal house prices by nominal disposable income per head, and is considered a measure of affordability. Homeownership dream New Zealand has been in what is widely considered a housing bubble. The disproportionately large increases in residential house prices have placed the dream of owning their own home out of reach for many in the country. In 2025, around ** percent of residential properties were sold for over a million New Zealand dollars. The majority of mortgage lending in the country went to owner-occupiers where the property was not their first home, with first-home buyers often struggling to secure a loan. In general, only New Zealand residents and citizens can buy homes in the country to live in, with new regulations tightening investment activity in that market. Rent affordability Due to New Zealand's high property prices, many individuals and families are stuck renting for prolonged periods. However, with rent prices increasing across the country and the share of monthly income spent on rent trending upwards in tandem with a highly competitive rental market, renting is becoming a less appealing prospect for many. The Auckland and Bay of Plenty regions had the highest weekly rent prices across the country as of December 2024, with the Southland region recording the lowest rent prices per week.

Denmark Property Price: Flat: Capital Region: NZ: Horsholm data was reported at 30,406.000 DKK/sq m in Mar 2018. This records an increase from the previous number of 29,114.000 DKK/sq m for Dec 2017. Denmark Property Price: Flat: Capital Region: NZ: Horsholm data is updated quarterly, averaging 18,853.500 DKK/sq m from Mar 1992 (Median) to Mar 2018, with 104 observations. The data reached an all-time high of 30,406.000 DKK/sq m in Mar 2018 and a record low of 7,086.000 DKK/sq m in Jun 1993. Denmark Property Price: Flat: Capital Region: NZ: Horsholm data remains active status in CEIC and is reported by Association of Danish Mortgage Banks. The data is categorized under Global Database’s Denmark – Table DK.P002: Property Price: by Region.

Denmark Property Price: DR: Capital Region: NZ: Egedal data was reported at 20,932.000 DKK/sq m in Jun 2018. This records an increase from the previous number of 20,173.000 DKK/sq m for Mar 2018. Denmark Property Price: DR: Capital Region: NZ: Egedal data is updated quarterly, averaging 15,184.500 DKK/sq m from Mar 1992 (Median) to Jun 2018, with 106 observations. The data reached an all-time high of 22,598.000 DKK/sq m in Jun 2006 and a record low of 4,901.000 DKK/sq m in Mar 1993. Denmark Property Price: DR: Capital Region: NZ: Egedal data remains active status in CEIC and is reported by Association of Danish Mortgage Banks. The data is categorized under Global Database’s Denmark – Table DK.P002: Property Price: by Region.

Denmark Property Price: DR: Capital Region: NZ: Allerod data was reported at 22,084.000 DKK/sq m in Mar 2018. This records an increase from the previous number of 21,258.000 DKK/sq m for Dec 2017. Denmark Property Price: DR: Capital Region: NZ: Allerod data is updated quarterly, averaging 16,741.000 DKK/sq m from Mar 1992 (Median) to Mar 2018, with 105 observations. The data reached an all-time high of 25,998.000 DKK/sq m in Sep 2006 and a record low of 5,456.000 DKK/sq m in Jun 1993. Denmark Property Price: DR: Capital Region: NZ: Allerod data remains active status in CEIC and is reported by Association of Danish Mortgage Banks. The data is categorized under Global Database’s Denmark – Table DK.P002: Property Price: by Region.

Dataset for the maps accompanying the Housing in Aotearoa New Zealand: 2025 report. This dataset contains counts and measures for:

• average number of private dwellings per square kilometre
• home ownership rates
• mould and damp.

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Data is available by statistical area 2.

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Average number of private dwellings per square kilometre has data for occupied, unoccupied, and total private dwellings from the 2013, 2018, and 2023 Censuses, including:

• dwelling counts
• percentage change in the count of dwellings
• average number of dwellings per square kilometre.

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Home ownership rates has data for households in occupied private dwellings from the 2013, 2018, and 2023 Censuses, including:

• counts and percentages for households that owned their home or held it in a family trust, or did not own their home
• percentage change in the count of households that owned their home or held it in a family trust, or did not own their home.

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Mould and damp has data for occupied private dwellings from the 2018 and 2023 Censuses, including:

• counts and percentages for dwellings with or without mould or damp
• percentage change in the count of dwellings with or without mould or damp.

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Map shows the average number of private dwellings per square kilometre for the 2023 Census.

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Map shows the percentage of households in occupied private dwellings that owned their home or held it in a family trust for the 2023 Census.

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Map shows the percentage of occupied private dwellings that were damp or mouldy for the 2023 Census.

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Download lookup file from Stats NZ ArcGIS Online or embedded attachment in Stats NZ geographic data service. Download data table (excluding the geometry column for CSV files) using the instructions in the Koordinates help guide.

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Footnotes

Geographical boundaries

Statistical standard for geographic areas 2023 (updated December 2023) has information about geographic boundaries as of 1 January 2023. Address data from 2013 and 2018 Censuses was updated to be consistent with the 2023 areas. Due to the changes in area boundaries and coding methodologies, 2013 and 2018 counts published in 2023 may be slightly different to those published in 2013 or 2018.

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Caution using time series

Time series data should be interpreted with care due to changes in census methodology and differences in response rates between censuses. The 2023 and 2018 Censuses used a combined census methodology (using census responses and administrative data), while the 2013 Census used a full-field enumeration methodology (with no use of administrative data).

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Dwelling density

This data shows the average number of private dwellings (occupied and unoccupied) per square kilometre of land for an area. This is a measure of dwelling density.

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About the 2023 Census dataset

For information on the 2023 Census dataset see Using a combined census model for the 2023 Census. We combined data from the census forms with administrative data to create the 2023 Census dataset, which meets Stats NZ's quality criteria for population structure information. We added real data about real people to the dataset where we were confident the people who hadn’t completed a census form (which is known as admin enumeration) will be counted. We also used data from the 2018 and 2013 Censuses, administrative data sources, and statistical imputation methods to fill in some missing characteristics of people and dwellings.

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Data quality

The quality of data in the 2023 Census is assessed using the quality rating scale and the quality assurance framework to determine whether data is fit for purpose and suitable for release. Data quality assurance in the 2023 Census has more information.

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Quality rating of a variable

The quality rating of a variable provides an overall evaluation of data quality for that variable, usually at the highest levels of classification. The quality ratings shown are for the 2023 Census unless stated. There is variability in the quality of data at smaller geographies. Data quality may also vary between censuses, for subpopulations, or when cross tabulated with other variables or at lower levels of the classification. Data quality ratings for 2023 Census variables has more information on quality ratings by variable.

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Dwelling occupancy status quality rating

Dwelling occupancy status is rated as high quality.

Dwelling occupancy status – 2023 Census: Information by concept has more information, for example, definitions and data quality.

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Dwelling type quality rating

Dwelling type is rated as moderate quality.

Dwelling type – 2023 Census: Information by concept has more information, for example, definitions and data quality.

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Tenure of household quality rating

Tenure of household is rated as moderate quality.

Tenure of household – 2023 Census: Information by concept has more information, for example, definitions and data quality.

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Dwelling dampness indicator quality rating

Dwelling dampness indicator is rated as moderate quality.

Housing quality – 2023 Census: Information by concept has more information, for example, definitions and data quality.

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Dwelling mould indicator quality rating

Dwelling mould indicator is rated as moderate quality.

Housing quality – 2023 Census: Information by concept has more information, for example, definitions and data quality.

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Using data for good

Stats NZ expects that, when working with census data, it is done so with a positive purpose, as outlined in the Māori Data Governance Model (Data Iwi Leaders Group, 2023). This model states that "data should support transformative outcomes and should uplift and strengthen our relationships with each other and with our environments. The avoidance of harm is the minimum expectation for data use. Māori data should also contribute to iwi and hapū tino rangatiratanga”.

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Confidentiality

The 2023 Census confidentiality rules have been applied to 2013, 2018, and 2023 data. These rules protect the confidentiality of individuals, families, households, dwellings, and undertakings in 2023 Census data. Counts are calculated using fixed random rounding to base 3 (FRR3) and suppression of ‘sensitive’ counts less than six, where tables report multiple geographic variables and/or small populations. Individual figures may not always sum to stated totals. Applying confidentiality rules to 2023 Census data and summary of changes since 2018 and 2013 Censuses has more information about 2023 Census confidentiality rules.

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Symbol

-998 Not applicable

-999 Confidential

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Inconsistencies in definitions

Please note that there may be differences in definitions between census classifications and those used for other data collections.

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Denmark Property Price: Flat: Capital Region: NZ: Hillerod data was reported at 23,211.000 DKK/sq m in Mar 2018. This records an increase from the previous number of 21,826.000 DKK/sq m for Dec 2017. Denmark Property Price: Flat: Capital Region: NZ: Hillerod data is updated quarterly, averaging 16,225.000 DKK/sq m from Mar 1992 (Median) to Mar 2018, with 105 observations. The data reached an all-time high of 25,330.000 DKK/sq m in Jun 2007 and a record low of 6,092.000 DKK/sq m in Dec 1994. Denmark Property Price: Flat: Capital Region: NZ: Hillerod data remains active status in CEIC and is reported by Association of Danish Mortgage Banks. The data is categorized under Global Database’s Denmark – Table DK.P002: Property Price: by Region.

Denmark Property Price: DR: Capital Region: NZ: Frederikssund data was reported at 16,098.000 DKK/sq m in Mar 2018. This records a decrease from the previous number of 16,776.000 DKK/sq m for Dec 2017. Denmark Property Price: DR: Capital Region: NZ: Frederikssund data is updated quarterly, averaging 12,020.000 DKK/sq m from Mar 1992 (Median) to Mar 2018, with 105 observations. The data reached an all-time high of 20,185.000 DKK/sq m in Sep 2007 and a record low of 4,558.000 DKK/sq m in Dec 1992. Denmark Property Price: DR: Capital Region: NZ: Frederikssund data remains active status in CEIC and is reported by Association of Danish Mortgage Banks. The data is categorized under Global Database’s Denmark – Table DK.P002: Property Price: by Region.

The average rent in the housing market in Auckland, New Zealand was *** New Zealand dollars per week as of December 2024. This marked a significant increase in the average rent in Auckland from the start of the given period.

The average rent in the housing market in New Zealand was *** New Zealand dollars per week as of December 2024. The Auckland and Bay of Plenty regions had the highest mean rents for residential housing across the country at *** New Zealand dollars per week, respectively. The Southland region had the lowest mean weekly rent at around *** New Zealand dollars.