65 datasets found
  1. Median residential property price New Zealand 2025, by region

    • statista.com
    • ai-chatbox.pro
    Updated Jun 23, 2025
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    Statista (2025). Median residential property price New Zealand 2025, by region [Dataset]. https://www.statista.com/statistics/1028580/new-zealand-median-house-prices-by-region/
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    Dataset updated
    Jun 23, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Mar 2025
    Area covered
    New Zealand
    Description

    The price of residential property in New Zealand was the highest in the Auckland region in March 2025, with an average sale price of around *********** New Zealand dollars. The most populated city in the country, Auckland, has consistently reported higher house prices compared to most other regions. Buying property in New Zealand, particularly in its major cities, is expensive. The nation has one of the highest house-price-to-income ratios in the world. Auckland residential market The residential housing market in Auckland is competitive. Prices have been slowly decreasing; the Auckland region experienced an annual decrease in the average residential house price in March 2025 compared to the same month in the previous year. The price of residential property in Auckland was the highest in the North Shore City district, with an average sale price of around **** million New Zealand dollars. Home financing Due to the rising cost of real estate, an increasing number of New Zealanders who want to own their own property are taking on mortgages. Most residential mortgage lending in New Zealand went to owner-occupier borrowers, followed by first home buyers. In addition to mortgage lending, previously under the KiwiSaver HomeStart initiative, first-home buyers in New Zealand were able to apply to withdraw all or part of their KiwiSaver retirement savings to assist with purchasing a first home. Nonetheless, the scheme was discontinued in May 2024. Furthermore, even with a large initial deposit, it may take decades for many borrowers to pay off their mortgage.

  2. F

    Real Residential Property Prices for New Zealand

    • fred.stlouisfed.org
    json
    Updated Apr 24, 2025
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    (2025). Real Residential Property Prices for New Zealand [Dataset]. https://fred.stlouisfed.org/series/QNZR628BIS
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    jsonAvailable download formats
    Dataset updated
    Apr 24, 2025
    License

    https://fred.stlouisfed.org/legal/#copyright-citation-requiredhttps://fred.stlouisfed.org/legal/#copyright-citation-required

    Area covered
    New Zealand
    Description

    Graph and download economic data for Real Residential Property Prices for New Zealand (QNZR628BIS) from Q2 1962 to Q4 2024 about New Zealand, residential, HPI, housing, real, price index, indexes, and price.

  3. Auckland Real Estate Statistics - March 2025

    • darrenryder.com
    Updated Mar 17, 2025
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    Barfoot & Thompson (2025). Auckland Real Estate Statistics - March 2025 [Dataset]. https://www.darrenryder.com/auckland-housing-market-insights-march-2025/
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    Dataset updated
    Mar 17, 2025
    Dataset authored and provided by
    Barfoot & Thompsonhttp://barfoot.co.nz/
    Time period covered
    Mar 1, 2025 - Mar 31, 2025
    Area covered
    Auckland
    Variables measured
    Median Price, Average Price, Month-End Stock, Number of Sales
    Description

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

  4. T

    New Zealand Housing Index

    • tradingeconomics.com
    • it.tradingeconomics.com
    • +13more
    csv, excel, json, xml
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    TRADING ECONOMICS, New Zealand Housing Index [Dataset]. https://tradingeconomics.com/new-zealand/housing-index
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    excel, json, csv, xmlAvailable download formats
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Apr 30, 2018 - May 31, 2025
    Area covered
    New Zealand
    Description

    Housing Index in New Zealand decreased to 2320 Points in May from 2322 Points in April of 2025. This dataset provides - New Zealand House Prices MoM Change - actual values, historical data, forecast, chart, statistics, economic calendar and news.

  5. T

    New Zealand Residential Average Sale Price

    • tradingeconomics.com
    • zh.tradingeconomics.com
    • +4more
    csv, excel, json, xml
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    TRADING ECONOMICS, New Zealand Residential Average Sale Price [Dataset]. https://tradingeconomics.com/new-zealand/average-house-prices
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    csv, excel, json, xmlAvailable download formats
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 31, 2007 - May 31, 2025
    Area covered
    New Zealand
    Description

    Average House Prices in New Zealand decreased to 913772 NZD in May from 914504 NZD in April of 2025. This dataset includes a chart with historical data for New Zealand Average House Prices.

  6. New Zealand House Prices Growth

    • ceicdata.com
    • dr.ceicdata.com
    Updated Dec 15, 2018
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    CEICdata.com (2018). New Zealand House Prices Growth [Dataset]. https://www.ceicdata.com/en/indicator/new-zealand/house-prices-growth
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    Dataset updated
    Dec 15, 2018
    Dataset provided by
    CEIC Data
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 1, 2021 - Sep 1, 2024
    Area covered
    New Zealand
    Description

    Key information about House Prices Growth

    • New Zealand house prices dropped 0.9% YoY in Sep 2024, following an increase of 1.5% YoY in the previous quarter.
    • YoY growth data is updated quarterly, available from Dec 1990 to Sep 2024, with an average growth rate of 5.3%.
    • House price data reached an all-time high of 30.5% in Sep 2021 and a record low of -12.1% in Mar 2023.

    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.

  7. New Zealand NZ: Price to Income Ratio: sa

    • ceicdata.com
    Updated Jan 15, 2025
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    CEICdata.com (2025). New Zealand NZ: Price to Income Ratio: sa [Dataset]. https://www.ceicdata.com/en/new-zealand/house-price-index-seasonally-adjusted-oecd-member-quarterly/nz-price-to-income-ratio-sa
    Explore at:
    Dataset updated
    Jan 15, 2025
    Dataset provided by
    CEIC Data
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Sep 1, 2021 - Jun 1, 2024
    Area covered
    New Zealand
    Description

    New Zealand NZ: Price to Income Ratio: sa data was reported at 117.981 2015=100 in Sep 2024. This records a decrease from the previous number of 120.692 2015=100 for Jun 2024. New Zealand NZ: Price to Income Ratio: sa data is updated quarterly, averaging 79.512 2015=100 from Mar 1986 (Median) to Sep 2024, with 155 observations. The data reached an all-time high of 143.218 2015=100 in Dec 2021 and a record low of 46.765 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.

  8. Average sale price of residential property Auckland, New Zealand 2014-2024

    • statista.com
    Updated Jan 28, 2025
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    Statista (2025). Average sale price of residential property Auckland, New Zealand 2014-2024 [Dataset]. https://www.statista.com/statistics/1079489/new-zealand-sales-price-of-residential-property-auckland/
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    Dataset updated
    Jan 28, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Dec 2014 - Dec 2024
    Area covered
    New Zealand
    Description

    In December 2024, the average sales price of residential properties sold in Auckland, New Zealand amounted to around one million New Zealand dollars. Auckland property prices peaked in November 2021, with prices gradually declining throughout 2022 and early 2023.

  9. T

    New Zealand House Price Index YoY

    • tradingeconomics.com
    • it.tradingeconomics.com
    • +9more
    csv, excel, json, xml
    Updated Dec 5, 2024
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    TRADING ECONOMICS (2024). New Zealand House Price Index YoY [Dataset]. https://tradingeconomics.com/new-zealand/house-price-index-yoy
    Explore at:
    excel, csv, xml, jsonAvailable download formats
    Dataset updated
    Dec 5, 2024
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 31, 2008 - May 31, 2025
    Area covered
    New Zealand
    Description

    House Price Index YoY in New Zealand decreased by 1.10 percent in May from -1.30 percent in April of 2025. This dataset includes a chart with historical data for New Zealand House Price Index YoY.

  10. Median residential property price New Zealand 2020-2024

    • statista.com
    Updated Apr 25, 2025
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    Median residential property price New Zealand 2020-2024 [Dataset]. https://www.statista.com/statistics/1558260/new-zealand-median-house-price/
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    Dataset updated
    Apr 25, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    New Zealand
    Description

    The average price of residential property in New Zealand in December 2024 was around 775,000 New Zealand dollars. Auckland had the highest average sales price across the country's regions that year at around one million New Zealand dollars.

  11. Denmark Property Price: Flat: Capital Region: North Zealand (NZ)

    • ceicdata.com
    Updated Dec 15, 2024
    + more versions
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    CEICdata.com (2024). Denmark Property Price: Flat: Capital Region: North Zealand (NZ) [Dataset]. https://www.ceicdata.com/en/denmark/property-price-by-region/property-price-flat-capital-region-north-zealand-nz
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    Dataset updated
    Dec 15, 2024
    Dataset provided by
    CEIC Data
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Mar 1, 2015 - Dec 1, 2017
    Area covered
    Denmark
    Variables measured
    Price
    Description

    Denmark Property Price: Flat: Capital Region: North Zealand (NZ) data was reported at 23,524.000 DKK/sq m in Mar 2018. This records an increase from the previous number of 22,331.000 DKK/sq m for Dec 2017. Denmark Property Price: Flat: Capital Region: North Zealand (NZ) data is updated quarterly, averaging 16,554.000 DKK/sq m from Mar 1992 (Median) to Mar 2018, with 105 observations. The data reached an all-time high of 25,881.000 DKK/sq m in Sep 2006 and a record low of 5,587.000 DKK/sq m in Dec 1992. Denmark Property Price: Flat: 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.

  12. New Zealand NZT Forecast: House Prices: YoY

    • ceicdata.com
    Updated Jun 22, 2017
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    New Zealand NZT Forecast: House Prices: YoY [Dataset]. https://www.ceicdata.com/en/new-zealand/house-price-forecast-new-zealand-treasury
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    Dataset updated
    Jun 22, 2017
    Dataset provided by
    CEIC Data
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jun 1, 2013 - Jun 1, 2023
    Area covered
    New Zealand
    Description

    NZT Forecast: House Prices: YoY data was reported at 4.400 % in 2023. This records a decrease from the previous number of 5.000 % for 2022. NZT Forecast: House Prices: YoY data is updated yearly, averaging 6.500 % from Jun 2013 (Median) to 2023, with 11 observations. The data reached an all-time high of 9.300 % in 2017 and a record low of 3.700 % in 2020. NZT Forecast: House Prices: YoY data remains active status in CEIC and is reported by New Zealand Treasury. The data is categorized under Global Database’s New Zealand – Table NZ.EB003: House Price: Forecast: New Zealand Treasury.

  13. New Zealand Residential Sales: Median House Price

    • ceicdata.com
    Updated Jul 13, 2020
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    CEICdata.com (2020). New Zealand Residential Sales: Median House Price [Dataset]. https://www.ceicdata.com/en/new-zealand/residential-sales/residential-sales-median-house-price
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    Dataset updated
    Jul 13, 2020
    Dataset provided by
    CEIC Data
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jun 1, 2017 - May 1, 2018
    Area covered
    New Zealand
    Variables measured
    Sales
    Description

    New Zealand Residential Sales: Median House Price data was reported at 560,000.000 NZD in Jun 2018. This records a decrease from the previous number of 562,000.000 NZD for May 2018. New Zealand Residential Sales: Median House Price data is updated monthly, averaging 292,500.000 NZD from Jan 1993 (Median) to Jun 2018, with 306 observations. The data reached an all-time high of 562,000.000 NZD in May 2018 and a record low of 113,000.000 NZD in Apr 1993. New Zealand Residential Sales: Median House Price data remains active status in CEIC and is reported by Real Estate Institute of New Zealand. The data is categorized under Global Database’s New Zealand – Table NZ.EB001: Residential Sales.

  14. New Zealand House Price Inflation: Net Percent Expecting

    • ceicdata.com
    • dr.ceicdata.com
    Updated Mar 7, 2025
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    CEICdata.com (2025). New Zealand House Price Inflation: Net Percent Expecting [Dataset]. https://www.ceicdata.com/en/new-zealand/household-inflation-expectation/house-price-inflation-net-percent-expecting
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    Dataset updated
    Mar 7, 2025
    Dataset provided by
    CEIC Data
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jun 1, 2022 - Mar 1, 2025
    Area covered
    New Zealand
    Variables measured
    Business Outlook Survey
    Description

    New Zealand House Price Inflation: Net Percent Expecting data was reported at 72.100 % in Mar 2025. This records an increase from the previous number of 47.600 % for Dec 2024. New Zealand House Price Inflation: Net Percent Expecting data is updated quarterly, averaging 72.100 % from Mar 2022 (Median) to Mar 2025, with 13 observations. The data reached an all-time high of 91.400 % in Mar 2022 and a record low of 47.600 % in Dec 2024. New Zealand House Price Inflation: Net Percent Expecting 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.

  15. House Construction in New Zealand - Market Research Report (2015-2030)

    • ibisworld.com
    Updated Jan 23, 2025
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    IBISWorld (2025). House Construction in New Zealand - Market Research Report (2015-2030) [Dataset]. https://www.ibisworld.com/nz/industry/house-construction/309/
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    Dataset updated
    Jan 23, 2025
    Dataset authored and provided by
    IBISWorld
    License

    https://www.ibisworld.com/about/termsofuse/https://www.ibisworld.com/about/termsofuse/

    Time period covered
    2015 - 2030
    Area covered
    New Zealand
    Description

    The House Construction industry plays a vital role in New Zealand's economy, meeting a need for home ownership and rental accommodation while stimulating economic growth. A shift in housing preferences towards medium-to-high-density apartments and townhouses, reflecting an escalation in house and land prices and modern lifestyle choices, is constraining the industry’s long-term performance. Changing government policies on first-home buyer grants, mortgage payment taxation and the promotion of social housing also profoundly affect the industry's performance. During the COVID-19 pandemic, the industry benefited from strong population growth, higher household savings and record-low mortgage rates. Government measures like first-home buyer stimulus, easing loan-to-value (LTV) restrictions and Housing Acceleration Fund (HAF) investments further supported growth. Still, a hike in mortgage interest rates as the Reserve Bank of New Zealand attempted to rein in inflation has choked off housing investment in recent years and slashed new dwelling consents. Given the rollercoaster that homebuilders have been on over the past five years, industry revenue is only expected to edge up at an annualised 0.3%, to $21.0 billion, over the past five years despite contracting by an estimated 2.5% in 2024-25. While some builders thrived during a 2022-23 housing boom, industry profit margins have plummeted in recent years with slumping housing investment. Many builders saw their profit shrink amid climbing input prices and supply chain disruptions, and some builders on fixed-price contracts struggled to absorb the higher input costs. Looking ahead, homebuilders face harsh conditions over the next few years, losing ground to the Multi-Unit Apartment and Townhouse Construction industry. Mounting population pressures support constructing new accommodation, and easing mortgage interest rates will encourage investment in residential building construction and are projected to drive total dwelling consents up by an annualised 2.3%. However, continued growth in house and land prices will drive investment towards medium-to-high-density dwelling options, like duplexes, townhouses, flats and apartments. In light of this, industry revenue is forecast to fall marginally at an annualised 0.2% to $20.9 billion through the end of 2029-30.

  16. New Zealand NZ: Standardised Price-Rent Ratio: sa

    • ceicdata.com
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    CEICdata.com, New Zealand NZ: Standardised Price-Rent Ratio: sa [Dataset]. https://www.ceicdata.com/en/new-zealand/house-price-index-seasonally-adjusted-oecd-member-quarterly/nz-standardised-pricerent-ratio-sa
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    Dataset provided by
    CEIC Data
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Sep 1, 2021 - Jun 1, 2024
    Area covered
    New Zealand
    Description

    New Zealand NZ: Standardised Price-Rent Ratio: sa data was reported at 181.586 Ratio in Sep 2024. This records a decrease from the previous number of 185.423 Ratio for Jun 2024. New Zealand NZ: Standardised Price-Rent Ratio: sa data is updated quarterly, averaging 61.688 Ratio from Mar 1970 (Median) to Sep 2024, with 219 observations. The data reached an all-time high of 233.963 Ratio in Dec 2021 and a record low of 44.296 Ratio in Dec 1970. New Zealand NZ: Standardised Price-Rent 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 rent price indices. 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.

  17. v

    AU and NZ Real Estate Advisory Service Market Size By Residential Real...

    • verifiedmarketresearch.com
    Updated Apr 7, 2025
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    VERIFIED MARKET RESEARCH (2025). AU and NZ Real Estate Advisory Service Market Size By Residential Real Estate Advisory (Luxury Property Consulting, Affordable Housing Strategy), By Commercial Real Estate Advisory (Office Space and Leasing Solutions, Industrial and Retail Property Advisory) & By Geographic Scope and Forecast [Dataset]. https://www.verifiedmarketresearch.com/product/au-and-nz-real-estate-advisory-service-market/
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    Dataset updated
    Apr 7, 2025
    Dataset authored and provided by
    VERIFIED MARKET RESEARCH
    License

    https://www.verifiedmarketresearch.com/privacy-policy/https://www.verifiedmarketresearch.com/privacy-policy/

    Time period covered
    2026 - 2032
    Area covered
    New Zealand
    Description

    AU and NZ Real Estate Advisory Service Market size was valued at USD 6.0 Billion in 2024 and is projected to reach USD 6.2 Billion by 2032, growing at a CAGR of 2.8% from 2026 to 2032.

    AU and NZ Real Estate Advisory Service Market Drivers

    1. Urbanisation and Economic Growth

    In major cities like Sydney, Melbourne, Auckland, and Wellington, the economy is still expanding, which is driving up demand for real estate consultancy services.Opportunities are being created in both the residential and commercial sectors by urban sprawl and infrastructure development (such as transportation and commercial zones).2. Migration and Population Growth The need for housing, rental units, and mixed-use complexes is increasing due to the high rate of population increase, especially from immigration.

    Advisory firms are assisting customers in locating investment possibilities and places with strong demand.

  18. Denmark Property Price: DR: Capital Region: NZ: Allerod

    • ceicdata.com
    Updated Dec 15, 2024
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    CEICdata.com (2024). Denmark Property Price: DR: Capital Region: NZ: Allerod [Dataset]. https://www.ceicdata.com/en/denmark/property-price-by-region/property-price-dr-capital-region-nz-allerod
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    Dataset updated
    Dec 15, 2024
    Dataset provided by
    CEIC Data
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Mar 1, 2015 - Dec 1, 2017
    Area covered
    Denmark
    Variables measured
    Price
    Description

    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.

  19. Average sale price of residential property in Auckland New Zealand 2019 by...

    • statista.com
    Updated Jan 3, 2023
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    Statista (2023). Average sale price of residential property in Auckland New Zealand 2019 by focus area [Dataset]. https://www.statista.com/statistics/1079450/new-zealand-sales-price-of-auckland-residential-property-by-focus-area/
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    Dataset updated
    Jan 3, 2023
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    New Zealand
    Description

    In the year ended November 2019, the average sales price of residential properties sold in Eastern Auckland Suburbs, New Zealand amounted to over 1.2 million New Zealand dollars. Auckland property prices have soared in recent years, with average sales prices continuing to increase across most districts.

  20. New Zealand NZ: Rent Price Index: sa

    • ceicdata.com
    Updated Jan 15, 2025
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    CEICdata.com (2025). New Zealand NZ: Rent Price Index: sa [Dataset]. https://www.ceicdata.com/en/new-zealand/house-price-index-seasonally-adjusted-oecd-member-quarterly/nz-rent-price-index-sa
    Explore at:
    Dataset updated
    Jan 15, 2025
    Dataset provided by
    CEIC Data
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Mar 1, 2022 - Dec 1, 2024
    Area covered
    New Zealand
    Description

    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.

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Statista (2025). Median residential property price New Zealand 2025, by region [Dataset]. https://www.statista.com/statistics/1028580/new-zealand-median-house-prices-by-region/
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Median residential property price New Zealand 2025, by region

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2 scholarly articles cite this dataset (View in Google Scholar)
Dataset updated
Jun 23, 2025
Dataset authored and provided by
Statistahttp://statista.com/
Time period covered
Mar 2025
Area covered
New Zealand
Description

The price of residential property in New Zealand was the highest in the Auckland region in March 2025, with an average sale price of around *********** New Zealand dollars. The most populated city in the country, Auckland, has consistently reported higher house prices compared to most other regions. Buying property in New Zealand, particularly in its major cities, is expensive. The nation has one of the highest house-price-to-income ratios in the world. Auckland residential market The residential housing market in Auckland is competitive. Prices have been slowly decreasing; the Auckland region experienced an annual decrease in the average residential house price in March 2025 compared to the same month in the previous year. The price of residential property in Auckland was the highest in the North Shore City district, with an average sale price of around **** million New Zealand dollars. Home financing Due to the rising cost of real estate, an increasing number of New Zealanders who want to own their own property are taking on mortgages. Most residential mortgage lending in New Zealand went to owner-occupier borrowers, followed by first home buyers. In addition to mortgage lending, previously under the KiwiSaver HomeStart initiative, first-home buyers in New Zealand were able to apply to withdraw all or part of their KiwiSaver retirement savings to assist with purchasing a first home. Nonetheless, the scheme was discontinued in May 2024. Furthermore, even with a large initial deposit, it may take decades for many borrowers to pay off their mortgage.

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