The price of residential property in New Zealand was the highest in the Auckland region in June 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.

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

Graph and download economic data for Real Residential Property Prices for New Zealand (QNZR628BIS) from Q2 1962 to Q1 2025 about New Zealand, residential, HPI, housing, real, price index, indexes, and price.

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.

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.

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]

Housing Index in New Zealand decreased to 2312 Points in June from 2320 Points in May of 2025. This dataset provides - New Zealand House Prices MoM Change - actual values, historical data, forecast, chart, statistics, economic calendar and news.

New Zealand has *** 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 fourth quarter of 2024, the ratio was *****, a slight 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 2024, 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.

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.

Average House Prices in New Zealand decreased to 910479 NZD in June from 913772 NZD in May of 2025. This dataset includes a chart with historical data for New Zealand Average House Prices.

The New Zealand facility management market is experiencing robust growth, driven by increasing urbanization, a burgeoning commercial sector, and a rising focus on operational efficiency across various industries. The market, valued at an estimated $X million (replace X with a logical estimate based on available data and typical market sizes for similar economies) in 2025, is projected to maintain a Compound Annual Growth Rate (CAGR) exceeding 2.50% through 2033. This expansion is fueled by several key factors. The increasing adoption of outsourced facility management services, particularly bundled and integrated FM solutions, reflects a broader trend towards specialization and cost optimization among businesses. Furthermore, the growing demand for both hard FM (e.g., building maintenance, repairs) and soft FM (e.g., catering, security) services contributes to overall market growth. The commercial and institutional sectors are the major end-users, accounting for a significant portion of the market share. However, the public/infrastructure and industrial sectors are also exhibiting considerable growth potential, driven by ongoing infrastructure projects and industrial expansion. While the market presents significant opportunities, certain challenges exist. Competition among established players and new entrants is intense, potentially impacting profit margins. Moreover, fluctuations in the construction and real estate sectors can indirectly influence market demand. Despite these headwinds, the long-term outlook remains positive, particularly for providers offering integrated and technologically advanced facility management solutions that leverage data analytics and automation to enhance efficiency and reduce costs. This trend towards sustainability and environmentally conscious practices within facility management is also driving growth as businesses seek to minimize their environmental footprint. Companies such as OCS New Zealand, Spotless, and Jones Lang LaSalle are key players in this dynamic market, continually adapting to meet evolving client needs and technological advancements. Recent developments include: April 2021 - Service Resources Ltd announced that BGIS had acquired the company, one of the global leaders in facility management, project delivery, energy and sustainability, asset management, workplace advisory, and real estate services., April 2021 - OCS Group (NZ) Ltd announced the acquisition of 1M, one of the leading commercial and infrastructure air conditioning mechanical services companies, that allows for an immediate and significant scale-up of its technical service capabilities.. Key drivers for this market are: Growing Construction Owing to Expansion by International Conglomerate, Growing Awareness of Energy Efficiency. Potential restraints include: Growing Construction Owing to Expansion by International Conglomerate, Growing Awareness of Energy Efficiency. Notable trends are: Auckland Accounts for Major Market Growth.

The real house price index in New Zealand in the fourth quarter of 2024 was *****, marking a decrease from the same quarter of the previous year. From the fourth 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.

House Price Index YoY in New Zealand decreased by 0.60 percent in June from -1.10 percent in May of 2025. This dataset includes a chart with historical data for New Zealand House Price Index YoY.

The ANZ Geospatial Analytics market, valued at $0.68 million in 2025, is projected to experience robust growth, driven by increasing adoption across diverse sectors. A Compound Annual Growth Rate (CAGR) of 9.13% from 2025 to 2033 indicates a significant expansion potential. Key drivers include the rising demand for precise location intelligence in agriculture (precision farming), utility management (network optimization), and infrastructure development (real estate and construction). Furthermore, advancements in data analytics techniques, particularly AI and machine learning, are enhancing the capabilities of geospatial analytics, leading to more insightful data analysis and improved decision-making. The market segmentation reveals strong demand across various verticals, with agriculture, utilities, and defense & intelligence leading the way. While data limitations prevent precise regional breakdowns for ANZ, the global trend suggests a significant market presence in Australia and New Zealand, supported by robust government initiatives and private sector investments in digital infrastructure. The presence of established players like CoreLogic NZ Limited and Esri Australia, alongside emerging innovative companies, contributes to the market’s dynamism and future potential. The forecast period (2025-2033) presents substantial opportunities for market expansion, particularly as businesses increasingly recognize the strategic value of location-based insights. Government initiatives promoting the use of geospatial data for better resource management, infrastructure planning, and disaster response are further catalyzing market growth. Challenges include data security concerns, integration complexities across different platforms, and the need for skilled professionals to handle and interpret geospatial data. However, the overall market outlook remains positive, fueled by ongoing technological advancements and a growing awareness of the benefits derived from geospatial analytics in driving operational efficiency and informed decision-making across diverse industry sectors within Australia and New Zealand. This report provides a detailed analysis of the Australia and New Zealand (ANZ) geospatial analytics market, offering invaluable insights for businesses operating or planning to enter this dynamic sector. With a study period spanning 2019-2033, a base year of 2025, and a forecast period of 2025-2033, this report offers a comprehensive overview of market size, trends, and future projections, valued in millions. The report leverages historical data (2019-2024) to paint a robust picture of market evolution. Recent developments include: January 2023: Ecopia AI (Ecopia) and Woolpert announced an expanded collaboration to map Australia's top metropolitan areas in 3D. The resulting vector maps will offer Woolpert's Asia-Pacific clients an accurate, detailed, and up-to-date foundational layer of geospatial data representing the dimensional world. As one of the leading geospatial services providers, Woolpert works with commercial and government organizations alike to map and analyze locations for strategic decision-making., September 2022: Wellington-based Geospatial data, technology, and analytics company Lynker Analytics announced that it had been selected by Toitū Te Whenua Land Information New Zealand in order to capture the building outlines from publicly owned aerial imagery over the next three years. Toitū Te Whenua Land Information New Zealand maintains a national open dataset of the building outlines extracted from multiple years of imagery captured through airborne sensors.. Key drivers for this market are: Growing Demand for Geospatial Analytics in Smart City Development and Urban Planning, Integration of Advanced Technologies such as AI and ML in Geospatial Analytics Solutions. Potential restraints include: Higher Costs Associated With Geospatial Analytics Solutions. Notable trends are: Agriculture Segment is Anticipated to Hold Significant Market Share.

New Zealand's average farm sale prices showed significant regional variations in the three months to November 2024. The price of farm property in the country was the highest in the Nelson/Marlborough/Tasman region as of November 2024, with an average sale price of around ******* New Zealand dollars per hectare. In comparison, in the Auckland region, the average farm sales price came to just over ****** dollars per hectare. A farming nation The agriculture industry is a major economic pillar of the country. The contribution to the nation’s GDP is valued in the billions of New Zealand dollars. Horticulture, livestock, and dairying are all important segments, and the commodities produced within them are exported across the globe. While sheep livestock numbers have declined, they still make up a large share of the country’s livestock population. Horticultural farming While New Zealand exports various horticultural products, including wine grapes, potatoes, and apples, it is perhaps best known for its kiwi fruit. Accordingly, the land area dedicated to kiwi fruit farming has continued to increase over the years. New Zealand’s leading horticultural product export destinations include Asia, Europe, and Australia.

Wide cyclical fluctuation has characterised the performance of the Multi-Unit Apartment and Townhouse Construction industry over the five years through 2024-25. Despite these ups and downs, overall revenue has remained stagnant over the period, at a total of $2.7 billion. Industry revenue peaked at a record $3.7 billion in 2021-22 and has plummeted in recent years, corresponding with the sharp correction in the number of multi-unit dwelling consents issued. The anticipated decline in industry revenue by 6.5% in 2024-25 reflects the recent hike in mortgage interest rates and the winding back of government first-home buyer stimulus. Industry profitability has climbed marginally despite contracting from the 2021-22 peak, while industry participation has maintained an upwards trend as new entrants strike out in business. The shift in dwelling construction away from traditional single-unit houses and towards higher-density apartments and townhouses has underpinned the industry’s long-term performance. This partly stems from the escalation in land prices pushing investors into medium-to-high-density alternatives but also reflects the growing preferences for urban lifestyles in close proximity to transport, nightlife and other inner-city amenities. Prior to the current slump in multi-unit dwelling construction, builders enjoyed robust growth across the residential building market, corresponding with historically low interest rates, strong population growth and generous first-home buyer subsidies. The escalation in residential property prices encouraged buyers to opt for lower-cost alternatives, and the number of multi-unit dwelling consents surged to 58.1% of all consents issued in 2022-23, double the level in 2015-16 and representing accelerated long-term growth. The higher housing costs forced many New Zealanders to rent rather than buy, encouraging property developers to invest in apartments and townhouses. The Multi-Unit Apartment and Townhouse Construction industry’s performance is set to recover solidly through 2029-30, underpinned by mounting population pressures and some easing in mortgage interest rates. Investment in multi-unit dwelling construction will also be supported by the reinstatement of property tax deductions, the relaxation of tenancy laws and growing opportunities under the build-to-rent (BTR) funding model. The winding back of first-home buyer subsidies will be partly offset by the Central Government’s (Te Kawanatanga o Aotearoa) direct funding of social housing projects. Still, more households may be forced to remain in the rental market. Industry revenue is forecast to climb at an annualised 5.6 % through 2029-30 to $3.6 billion, driving higher profitability and attracting increased participation.

The rent price index in New Zealand in the second quarter of 2025 was *****, 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.

This layer provides the current land parcel polygons with associated descriptive data and is provided for users that require a separation of road parcels and hydro parcels and thereby require the balance layer (i.e. the remaining primary parcels).

The combination of this layer with the road parcels and hydro parcels equates to the primary parcels layer which provides all current parcels for New Zealand (i.e. excludes historic and pending parcels).

This layer has a nominal accuracy of 0.1-1m in urban areas and 1-100m in rural areas. For more detailed information about parcel accuracies please refer to the Survey Boundary Marks layer which contains accuracies for each parcel node.

This set of three parcel layers ('road', 'hydro' and 'land') tables easy access to the most common groupings of parcel intents.

If you require approved or historic parcels see the All Parcels Layer

The originating data for parcel/title associations includes some non-official sources where the official data does not support a link. For more information see