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.

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.

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%.

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.

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.

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.

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.

This dataset provides information about the number of properties, residents, and average property values for Auckland Place cross streets in Fremont, CA.

This dataset provides information about the number of properties, residents, and average property values for Auckland Avenue cross streets in Toluca Lake, CA.

This dataset provides information about the number of properties, residents, and average property values for Auckland Avenue cross streets in Orchard Park, NY.

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.

This dataset provides information about the number of properties, residents, and average property values for Auckland Court cross streets in Fayetteville, NC.

This dataset provides information about the number of properties, residents, and average property values for Auckland Road cross streets in Milton, FL.

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 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.

This dataset provides information about the number of properties, residents, and average property values for Auckland Street cross streets in Dorchester, MA.

Herne Bay in Auckland was the most expensive residential housing suburb in New Zealand in 2023, with a median property value of over *** million New Zealand dollars. In comparison, the median property value in the Flagstaff suburb of Hamilton came to around **** million New Zealand dollars.

As of September 2023, the average home deposit for first-time buyers who had to pay a ** percent deposit in Auckland, New Zealand was ****** New Zealand dollars. For buyers who had to pay a ** percent deposit for a house in Auckland, the average was ******* New Zealand dollars.