The rent price index in New Zealand in the fourth quarter of 2024 was 135.1, marking a rise from the same quarter of the previous year. This continued an upward trend of increasing rent prices compared to the base year of 2015.

The monthly rental price index in New Zealand in November 2024 was 1,759. This marked a significant increase in rent prices in the country compared to the base month of November 2006.

New Zealand NZ: Rent Price Index: sa data was reported at 135.092 2015=100 in Dec 2024. This records an increase from the previous number of 133.894 2015=100 for Sep 2024. New Zealand NZ: Rent Price Index: sa data is updated quarterly, averaging 60.758 2015=100 from Mar 1956 (Median) to Dec 2024, with 276 observations. The data reached an all-time high of 135.092 2015=100 in Dec 2024 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.

The monthly rent price index in Wellington, New Zealand in November 2024 was 1,741, marking a decline from the previous month. Nevertheless, this was a significant increase in rent prices compared to the base month of November 2006.

The monthly rent price index in Auckland, New Zealand in November 2024 was 1,706. This was a significant increase in rent prices compared to the base month of November 2006.

New Zealand Rental Price Index: Flow: Wellington data was reported at 1,741.000 Nov2006=1000 in Nov 2024. This records a decrease from the previous number of 1,743.000 Nov2006=1000 for Oct 2024. New Zealand Rental Price Index: Flow: Wellington data is updated monthly, averaging 1,261.000 Nov2006=1000 from Nov 2006 (Median) to Nov 2024, with 217 observations. The data reached an all-time high of 1,810.000 Nov2006=1000 in May 2024 and a record low of 969.000 Nov2006=1000 in Dec 2006. New Zealand Rental Price Index: Flow: Wellington data remains active status in CEIC and is reported by Stats NZ. The data is categorized under Global Database’s New Zealand – Table NZ.EB001: Rental Price Index: Flow: Nov2006 =1000.

Graph and download economic data for Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Imputed Rentals for Housing for New Zealand (NZLCP040200GYQ) from Q2 1985 to Q4 2024 about tobacco, alcohol, New Zealand, beverages, CPI, price index, indexes, and price.

The monthly rent price index in Canterbury, New Zealand in November 2024 was 1,817. This was a significant increase in rent prices compared to the base month of November 2006.

New Zealand Consumer Price Index (CPI): Weights: HU: Actual Rentals for Housing data was reported at 9.200 % in Jun 2018. This stayed constant from the previous number of 9.200 % for Mar 2018. New Zealand Consumer Price Index (CPI): Weights: HU: Actual Rentals for Housing data is updated quarterly, averaging 8.780 % from Jun 2006 (Median) to Jun 2018, with 49 observations. The data reached an all-time high of 9.220 % in Jun 2017 and a record low of 6.870 % in Mar 2008. New Zealand Consumer Price Index (CPI): Weights: HU: Actual Rentals for Housing data remains active status in CEIC and is reported by Statistics New Zealand. The data is categorized under Global Database’s New Zealand – Table NZ.I004: Consumer Price Index: Weights.

New Zealand Rental Price Index: Flow: Rest of North Island data was reported at 2,048.000 Nov2006=1000 in Nov 2024. This records an increase from the previous number of 2,035.000 Nov2006=1000 for Oct 2024. New Zealand Rental Price Index: Flow: Rest of North Island data is updated monthly, averaging 1,235.000 Nov2006=1000 from Nov 2006 (Median) to Nov 2024, with 217 observations. The data reached an all-time high of 2,049.000 Nov2006=1000 in Mar 2024 and a record low of 976.000 Nov2006=1000 in Dec 2006. New Zealand Rental Price Index: Flow: Rest of North Island data remains active status in CEIC and is reported by Stats NZ. The data is categorized under Global Database’s New Zealand – Table NZ.EB001: Rental Price Index: Flow: Nov2006 =1000.

New Zealand Consumer Price Index (CPI): Housing and Household Utilities: Actual Rentals for Housing data was reported at 1,025.000 Jun2017=1000 in Jun 2018. This records an increase from the previous number of 1,017.000 Jun2017=1000 for Mar 2018. New Zealand Consumer Price Index (CPI): Housing and Household Utilities: Actual Rentals for Housing data is updated quarterly, averaging 845.182 Jun2017=1000 from Jun 1999 (Median) to Jun 2018, with 77 observations. The data reached an all-time high of 1,025.000 Jun2017=1000 in Jun 2018 and a record low of 695.103 Jun2017=1000 in Sep 2001. New Zealand Consumer Price Index (CPI): Housing and Household Utilities: Actual Rentals for Housing data remains active status in CEIC and is reported by Statistics New Zealand. The data is categorized under Global Database’s New Zealand – Table NZ.I002: Consumer Price Index: Jun2017=1000.

New Zealand NZ: Price to Rent Ratio: sa data was reported at 129.297 2015=100 in Jun 2024. This records a decrease from the previous number of 131.051 2015=100 for Mar 2024. New Zealand NZ: Price to Rent Ratio: sa data is updated quarterly, averaging 42.914 2015=100 from Mar 1970 (Median) to Jun 2024, with 218 observations. The data reached an all-time high of 163.102 2015=100 in Dec 2021 and a record low of 30.866 2015=100 in Dec 1970. New Zealand NZ: Price to 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

New Zealand Rental Price Index: Flow: Rest of South Island data was reported at 1,839.000 Nov2006=1000 in Nov 2024. This records a decrease from the previous number of 1,855.000 Nov2006=1000 for Oct 2024. New Zealand Rental Price Index: Flow: Rest of South Island data is updated monthly, averaging 1,249.000 Nov2006=1000 from Nov 2006 (Median) to Nov 2024, with 217 observations. The data reached an all-time high of 1,890.000 Nov2006=1000 in Apr 2024 and a record low of 979.000 Nov2006=1000 in Dec 2006. New Zealand Rental Price Index: Flow: Rest of South Island data remains active status in CEIC and is reported by Stats NZ. The data is categorized under Global Database’s New Zealand – Table NZ.EB001: Rental Price Index: Flow: Nov2006 =1000.

New Zealand Consumer Price Index (CPI): Housing & Household Utilities: Actual Rentals for Housing data was reported at 1,273.000 Jun2006=1000 in Sep 2017. This records an increase from the previous number of 1,266.000 Jun2006=1000 for Jun 2017. New Zealand Consumer Price Index (CPI): Housing & Household Utilities: Actual Rentals for Housing data is updated quarterly, averaging 1,062.000 Jun2006=1000 from Jun 1999 (Median) to Sep 2017, with 74 observations. The data reached an all-time high of 1,273.000 Jun2006=1000 in Sep 2017 and a record low of 880.000 Jun2006=1000 in Sep 2001. New Zealand Consumer Price Index (CPI): Housing & Household Utilities: Actual Rentals for Housing data remains active status in CEIC and is reported by Statistics New Zealand. The data is categorized under Global Database’s New Zealand – Table NZ.I003: Consumer Price Index: Jun2006=1000.

New Zealand Producers Price Index: Output: Rental, Hiring and Real Estate Services (RE) data was reported at 1,172.000 Dec2010=1000 in Mar 2018. This records an increase from the previous number of 1,163.000 Dec2010=1000 for Dec 2017. New Zealand Producers Price Index: Output: Rental, Hiring and Real Estate Services (RE) data is updated quarterly, averaging 909.000 Dec2010=1000 from Jun 1994 (Median) to Mar 2018, with 96 observations. The data reached an all-time high of 1,172.000 Dec2010=1000 in Mar 2018 and a record low of 690.000 Dec2010=1000 in Jun 1994. New Zealand Producers Price Index: Output: Rental, Hiring and Real Estate Services (RE) data remains active status in CEIC and is reported by Statistics New Zealand. The data is categorized under Global Database’s New Zealand – Table NZ.I012: Producers Price Index: Dec2010=1000.

Portugal, Canada, and the United States were the countries with the highest house price to income ratio in 2023. In all three countries, the index exceeded 130 index points, while the average for all OECD countries stood at 117.5 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.

New Zealand Producers Price Index: Output: RE: Rental and Hiring Services data was reported at 1,110.000 Dec2010=1000 in Mar 2018. This records an increase from the previous number of 1,074.000 Dec2010=1000 for Dec 2017. New Zealand Producers Price Index: Output: RE: Rental and Hiring Services data is updated quarterly, averaging 903.000 Dec2010=1000 from Jun 1994 (Median) to Mar 2018, with 96 observations. The data reached an all-time high of 1,110.000 Dec2010=1000 in Mar 2018 and a record low of 814.000 Dec2010=1000 in Dec 1995. New Zealand Producers Price Index: Output: RE: Rental and Hiring Services data remains active status in CEIC and is reported by Statistics New Zealand. The data is categorized under Global Database’s New Zealand – Table NZ.I012: Producers Price Index: Dec2010=1000.

Rent Price Index：SA在12-01-2024达135.0922015=100，相较于09-01-2024的133.8942015=100有所增长。Rent Price Index：SA数据按季更新，03-01-1956至12-01-2024期间平均值为60.7582015=100，共276份观测结果。该数据的历史最高值出现于12-01-2024，达135.0922015=100，而历史最低值则出现于03-01-1956，为2.9272015=100。CEIC提供的Rent Price Index：SA数据处于定期更新的状态，数据来源于Organisation for Economic Co-operation and Development，数据归类于全球数据库的新西兰 – Table NZ.OECD.AHPI: House Price Index: Seasonally Adjusted: OECD Member: Quarterly。

New Zealand Labour Cost Index: Private: Rental, Hiring & Real Estate Service data was reported at 1,162.000 Jun2009=1000 in Mar 2018. This records an increase from the previous number of 1,156.000 Jun2009=1000 for Dec 2017. New Zealand Labour Cost Index: Private: Rental, Hiring & Real Estate Service data is updated quarterly, averaging 1,079.500 Jun2009=1000 from Jun 2009 (Median) to Mar 2018, with 36 observations. The data reached an all-time high of 1,162.000 Jun2009=1000 in Mar 2018 and a record low of 1,000.000 Jun2009=1000 in Jun 2009. New Zealand Labour Cost Index: Private: Rental, Hiring & Real Estate Service data remains active status in CEIC and is reported by Statistics New Zealand. The data is categorized under Global Database’s New Zealand – Table NZ.G008: Labour Cost Index: By Industry: Jun2009=1000.

租赁价格指数：流量：Rest of North Island在11-01-2024达2,048.000Nov2006=1000，相较于10-01-2024的2,035.000Nov2006=1000有所增长。租赁价格指数：流量：Rest of North Island数据按月更新，11-01-2006至11-01-2024期间平均值为1,235.000Nov2006=1000，共217份观测结果。该数据的历史最高值出现于03-01-2024，达2,049.000Nov2006=1000，而历史最低值则出现于12-01-2006，为976.000Nov2006=1000。CEIC提供的租赁价格指数：流量：Rest of North Island数据处于定期更新的状态，数据来源于Stats NZ，数据归类于全球数据库的新西兰 – Table NZ.EB001: Rental Price Index: Flow: Nov2006 =1000。