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.

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.

Graph and download economic data for Residential Property Prices for New Zealand (QNZN628BIS) from Q2 1962 to Q2 2025 about New Zealand, residential, HPI, housing, price index, indexes, and price.

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%.

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.

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.

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.

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.

New Zealand NZ: Standardised Price-Income Ratio: sa data was reported at 131.448 Ratio in Mar 2025. This records a decrease from the previous number of 133.266 Ratio for Dec 2024. New Zealand NZ: Standardised Price-Income Ratio: sa data is updated quarterly, averaging 110.437 Ratio from Mar 1986 (Median) to Mar 2025, with 157 observations. The data reached an all-time high of 177.494 Ratio in Dec 2021 and a record low of 58.155 Ratio in Mar 1987. New Zealand NZ: Standardised Price-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 long-term average is calculated over the whole period available when the indicator begins after 1980 or after 1980 if the indicator is longer. This value is used as a reference value. The ratio is calculated by dividing the indicator source on this long-term average, and indexed to a reference value equal to 100.

New Zealand Household Inflation Expectation: House Price: 1 Year - Mean data was reported at 2.700 % in Mar 2025. This records an increase from the previous number of 2.200 % for Dec 2024. New Zealand Household Inflation Expectation: House Price: 1 Year - Mean data is updated quarterly, averaging 4.050 % from Jun 2011 (Median) to Mar 2025, with 56 observations. The data reached an all-time high of 6.400 % in Mar 2021 and a record low of -0.500 % in Jun 2020. New Zealand Household Inflation Expectation: House Price: 1 Year - Mean data remains active status in CEIC and is reported by Reserve Bank of New Zealand. The data is categorized under Global Database’s New Zealand – Table NZ.I027: Household Inflation Expectation.

New Zealand NZ: Rent Price Index: sa data was reported at 135.979 2015=100 in Mar 2025. This records an increase from the previous number of 135.055 2015=100 for Dec 2024. New Zealand NZ: Rent Price Index: sa data is updated quarterly, averaging 61.139 2015=100 from Mar 1956 (Median) to Mar 2025, with 277 observations. The data reached an all-time high of 135.979 2015=100 in Mar 2025 and a record low of 2.927 2015=100 in Mar 1956. New Zealand NZ: Rent Price Index: 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.

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
• severe housing deprivation
• home ownership rates
• mould and damp.

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Data is available by territorial authority and Auckland local board.

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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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Severe housing deprivation has data for the census usually resident population from the 2018 and 2023 Censuses, including:

• estimated prevalence rate of severe housing deprivation (per 10,000 people)
• estimated rate for those; without shelter, in temporary accommodation, sharing someone else’s private dwelling, in uninhabitable housing, for whom it could not be determined whether they were severely housing deprived or not.

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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 estimated prevalence rate of severe housing deprivation (per 10,000 people) for the census usually resident population 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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Subnational census usually resident population

The census usually resident population count of an area (subnational count) is a count of all people who usually live in that area and were present in New Zealand on census night. It excludes visitors from overseas, visitors from elsewhere in New Zealand, and residents temporarily overseas on census night. For example, a person who usually lives in Christchurch city and is visiting Wellington city on census night will be included in the census usually resident population count of Christchurch city. 

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Population counts

Stats NZ publishes a number of different population counts, each using a different definition and methodology. Population statistics – user guide has more information about different counts. 

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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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Severe housing deprivation time series

The 2018 estimates of severe housing deprivation have been updated using the 2023 methodology for estimating severe housing deprivation. Severe housing deprivation (homelessness) estimates – updated methodology: 2023 Census has more information.

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Severe housing deprivation

Figures in this map and geospatial file exclude Women’s refuge data, as well as estimates for children living in non-private dwellings. Severe housing deprivation (homelessness) estimates – updated methodology: 2023 Census has more information.

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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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Census usually resident population count concept quality rating

The census usually resident population count is rated as very high quality.

Census usually resident population count – 2023 Census: Information by concept has more information, for example, definitions and data quality.

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Quality of severe housing deprivation data

Severe housing deprivation (homelessness) estimates – updated methodology: 2023 Census has more information on the data quality of this 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

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.

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.

In October 2020, the North Shore City district recorded the largest annual change in residential property sales in New Zealand, with an increase of ***** percent compared to the same month in the previous year. The annual change in average residential house prices in this district increased by **** percent in the same period.

The average rent in the housing market in Marlborough, 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.