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.

Housing Index in New Zealand increased to 2322 Points in April from 2295 Points in March of 2025. This dataset provides - New Zealand House Prices MoM Change - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The real house price index in New Zealand in the third quarter of 2024 was 133.1, marking a decrease from the same quarter of the previous year. From the second quarter of 2019 to the fourth quarter of 2021, there was an upward trend of increasing house prices compared to the base year of 2015, with the first quarter of 2022 breaking this trend.

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.

ANZ Forecast: REINZ House Price Index: YoY data was reported at 4.900 % in 2026. This records a decrease from the previous number of 5.000 % for 2025. ANZ Forecast: REINZ House Price Index: YoY data is updated yearly, averaging 4.900 % from Dec 2018 (Median) to 2026, with 9 observations. The data reached an all-time high of 26.500 % in 2021 and a record low of -12.800 % in 2022. ANZ Forecast: REINZ House Price Index: YoY data remains active status in CEIC and is reported by ANZ Bank New Zealand. The data is categorized under Global Database’s New Zealand – Table NZ.EB006: House Price Index: Forecast: ANZ Bank Ltd.

House Price Index YoY in New Zealand decreased by 1.30 percent in April from -2.30 percent in March of 2025. This dataset includes a chart with historical data for New Zealand House Price Index YoY.

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.

Average House Prices in New Zealand increased to 914504 NZD in April from 903928 NZD in March of 2025. This dataset includes a chart with historical data for New Zealand Average House Prices.

Portugal, Canada, and the United States were the countries with the highest house price to income ratio in 2024. In all three countries, the index exceeded 130 index points, while the average for all OECD countries stood at 116.2 index points. The index measures the development of housing affordability and is calculated by dividing nominal house price by nominal disposable income per head, with 2015 set as a base year when the index amounted to 100. An index value of 120, for example, would mean that house price growth has outpaced income growth by 20 percent since 2015. How have house prices worldwide changed since the COVID-19 pandemic? House prices started to rise gradually after the global financial crisis (2007–2008), but this trend accelerated with the pandemic. The countries with advanced economies, which usually have mature housing markets, experienced stronger growth than countries with emerging economies. Real house price growth (accounting for inflation) peaked in 2022 and has since lost some of the gain. Although, many countries experienced a decline in house prices, the global house price index shows that property prices in 2023 were still substantially higher than before COVID-19. Renting vs. buying In the past, house prices have grown faster than rents. However, the home affordability has been declining notably, with a direct impact on rental prices. As people struggle to buy a property of their own, they often turn to rental accommodation. This has resulted in a growing demand for rental apartments and soaring rental prices.

RBNZ Forecast: House Price Index: 2 Year Ahead data was reported at 4.560 % in Mar 2025. This records an increase from the previous number of 4.170 % for Dec 2024. RBNZ Forecast: House Price Index: 2 Year Ahead data is updated quarterly, averaging 3.460 % from Sep 2017 (Median) to Mar 2025, with 31 observations. The data reached an all-time high of 6.220 % in Dec 2023 and a record low of 1.740 % in Jun 2022. RBNZ Forecast: House Price Index: 2 Year Ahead 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.EB005: House Price Index: Quarterly.

ASB Forecast: House Price: YoY data was reported at 5.600 % in Sep 2026. This records an increase from the previous number of 5.400 % for Jun 2026. ASB Forecast: House Price: YoY data is updated quarterly, averaging 4.300 % from Jun 2016 (Median) to Sep 2026, with 42 observations. The data reached an all-time high of 28.200 % in Sep 2021 and a record low of -11.900 % in Mar 2023. ASB Forecast: House Price: YoY data remains active status in CEIC and is reported by ASB Bank Limited. The data is categorized under Global Database’s New Zealand – Table NZ.EB007: House Price: Forecast: ABS Bank Ltd.

The New Zealand On-Demand Home Services market was valued at USD 12.56 Million in 2024 and is expected to grow to USD 25.78 Million by 2030 with a CAGR of 12.73%.

Pages	82
Market Size	2024: USD 12.56 Million
Forecast Market Size	2030: USD 25.78 Million
CAGR	2025-2030: 12.73%
Fastest Growing Segment	Repairs & Maintenance
Largest Market	North Island
Key Players	1. Jim’s Group Pty Ltd 2. Premium Clean 3. Clean Planet 4. Restoration Experts Limited 5. Green Acres Franchise Group Limited 6. Kia Ora Sunshine Cleaning Limited 7. Urbanclap Technologies India Private Limited 8. Balaji Nursery 9. Angi Inc., 10. Lawn Starter Inc.

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.

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.

The Real Estate Services industry has faced mixed conditions over recent years. Despite the recent improvement in housing supply and the piling up of inventory, prices remain elevated relative to pre-pandemic levels, offsetting revenue declines for real estate agents. A demand-supply imbalance led to historically high housing prices in 2021-22, though tighter loan-to-value ratio (LVR) regulations and heightened interest rates curbed real estate activity and weakened prices over the two years through 2023-24. The bright-line test extension in 2021 cooled speculative investment, diminishing property investors' interest. Residential property transactions plunged in 2022-23 as cost-of-living pressures and soaring borrowing expenses weighed on mortgage affordability. As inflation moderates and the official cash rate has come down since August 2024, sales volumes and demand will pick up. That's why revenue is forecast to climb 2.8% in 2024-25. However, a plunge in property transactions is why revenue is expected to have dipped at an annualised 0.4% over the five years through 2024-25 to $6.2 billion. The commercial market has faced shifting tenant preferences, particularly around remote work arrangements, contributing to elevated office vacancy rates. Nonetheless, booming demand for industrial space and interest in green buildings has yielded new opportunities. Concurrently, the widespread adoption of artificial intelligence has boosted operational efficiency for many real estate agencies, underpinning growth in their profit margins and alleviating some wage pressures. The Coalition government’s reinstatement of 80% interest deductibility for residential investment properties in April 2024, with a plan to reach 100% by April 2025, alongside the rollback of the bright-line test from 10 to 2 years, will spur investor activity and escalate property prices. These policy changes will entice property investors, expanding this market's revenue share over the coming years and benefiting real estate agencies. Consecutive cuts to the official cash rate to counter subdued economic activity will strengthen mortgage affordability and promote a resurgence in the residential property market. However, an expanding housing supply – aided by funding for social housing units and relaxed planning restrictions – will temper price escalation and slow agencies' commission growth over the coming years. Rising competition among real estate agencies and the continued adoption of digital tools, from big data analytics to advanced customer management solutions, will intensify market dynamics, creating opportunities and challenges for prospective and existing agents. Overall, revenue is forecast to climb at an annualised 2.2% over the five years through 2029-30 to $6.9 billion.

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.

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.

Key information about New Zealand Gold Production

• New Zealand Real Residential Property Price Index was reported at 169.844 2010=100 in Mar 2024.
• This records a decrease from the previous number of 170.894 2010=100 for Dec 2023.
• New Zealand Real Residential Property Price Index data is updated quarterly, averaging 60.637 2010=100 from Mar 1970 to Mar 2024, with 217 observations.
• The data reached an all-time high of 216.278 2010=100 in Dec 2021 and a record low of 35.788 2010=100 in Dec 1970.
• New Zealand Real Residential Property Price Index data remains active status in CEIC and is reported by Bank for International Settlements.
• The data is categorized under World Trend Plus’s Association: Property Sector – Table RK.BIS.RPPI: Selected Real Residential Property Price Index: 2010=100: Quarterly. [COVID-19-IMPACT]

New Zealand RBNZ Forecast: House Price Index: 1 Year Ahead data was reported at 3.850 % in Mar 2025. This records an increase from the previous number of 3.040 % for Dec 2024. New Zealand RBNZ Forecast: House Price Index: 1 Year Ahead data is updated quarterly, averaging 2.740 % from Sep 2017 (Median) to Mar 2025, with 31 observations. The data reached an all-time high of 8.020 % in Mar 2021 and a record low of -6.270 % in Mar 2023. New Zealand RBNZ Forecast: House Price Index: 1 Year Ahead 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.EB005: House Price Index: Quarterly.

The average ad spending per capita in the 'Out-of-Home Advertising' segment of the advertising market in New Zealand was forecast to continuously increase between 2024 and 2030 by in total 3.5 U.S. dollars (+16.54 percent). After the tenth consecutive increasing year, the average ad spending per capita is estimated to reach 24.62 U.S. dollars and therefore a new peak in 2030. Notably, the average ad spending per capita of the 'Out-of-Home Advertising' segment of the advertising market was continuously increasing over the past years.Find further information concerning the ad spending in the advertising market in Australia and the average ad spending per capita in the 'Out-of-Home Advertising' segment of the advertising market in Switzerland. The Statista Market Insights cover a broad range of additional markets.

Home Ownership Rate in New Zealand decreased to 64.60 percent in 2018 from 64.70 percent in 2013. This dataset provides the latest reported value for - New Zealand Home Ownership Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.