Auckland house price history chart Data on the price and value of houses is available from 1979. Auckland house prices, up 24 per cent last year, have now fallen annually by just over 18 per cent or $235,000. Over the past three years, house prices have increased 52 percent in Auckland, but only 11 percent in the rest of New Zealand. 5% in Sep 2021 and a record low of -12. Feb 11, 2025 · Home prices for New Zealand. What is the trend of Auckland house prices in recent years? Auckland house prices have been steadily increasing over the past few years, with a significant rise in 2020 and early 2021. 4 percent on that for January, and the average sales price of $1,116,150, was up 3 percent on January’s. After a period of volatility, sales volumes climbed steadily from 2000 to a peak in 2003, then began to Jan 2, 2024 · Auckland suburb report December 2023 02 January 2024. House prices are down 17. House price index in New Zealand decreased by 1. “The current median price is 2 percent above the low point of the price cycle which occurred in June and July last year and the average price is 5 percent higher. 3% drop in the previous month. The REINZ HPI was developed in partnership with the Reserve Bank of New Zealand, to provide a level of detail and understanding of the true movements of housing values over time. The third fastest house prices falls were in Manawatu-Wanganui. Infometrics is a leading NZ economic consultancy. 1% in Mar 2023. 4% less than the same time last year. 40 percent in November of 2021 and a record low of -13. CEIC calculates House Prices Growth from quarterly House Price Index. Perfect for buyers and investors looking to navigate the housing market with current data and… NZ's first-ever property AI tool - Try OpesAI today Housing price details The median price of an apartment for sale is NZD 14,792/m². The Reserve Bank of New Zealand provides House Price Index, calculated from Reserve Bank of New Zealand estimates, with base December 2003=1000. As for houses for sale, the median price is NZD 9,213/m². " Chart “The median price at $970,000, was up 0. Annual house price to rent ratio in Luxembourg 2010-2023; Chart. House prices in Southland on the otherhand are down not much at all compared to the peak. Auckland house prices peaked in Nov 2021. 14 February 2025. REINZ data is subject to revision. The data is sourced from the REINZ, and is disclosed regionally. By calculating the average property value in each area, comparisons can be made with previous periods. Even between 2005 and 2010, during the global financial crisis, prices continued to increase, although the second half of the decade - from 2010 to 2015 - saw the greater increase. Otago’s average property value reaches an all-time high, crosses the $1m mark for the first time. Auckland local board area, and statistical area 2 (small area). The charts below show Auckland's most expensive and cheapest suburbs, plus the year-on-year price change. Feb 14, 2025 · Median residential property price Auckland New Zealand 2024, by district House price index for new and existing homes in Spain 2023, by region (in 1,000 New Zealand dollars). The national median house price rose by a minuscule 0. Four years previously, it was $495,000 – that’s a 66% increase in 4 years. 63% to NZ$795,000 (US$443,888) in November 2024 from the same period last year, after registering a year-on-year decline of 2. What’s more alarming is that in 2012, many people considered that house prices were already getting out of reach for most people. That means that the median Auckland property increased in value by 3. Historical data on residential real estate prices both nominal and adjusted for inflation. The average home is now worth $912,904, which is 1. Where have house prices grown the most and the least in Auckland? Of the 222 Auckland suburbs with 10 or more settled sales in the last 12 months, just one, Coatesville, recorded year-on-year property value growth. Key graphs - house prices and values Housing is a central part of the New Zealand economy as it is a major source of investment for many New Zealanders. This is up from $686,000 10 years earlier. See a breakdown of average house prices, average weekly rent and gross yield for three-bedroom properties across Auckland in December 2023. The 'median price' is the middle price. See a breakdown of average house prices, average weekly rent and gross yield for three-bedroom properties across Auckland in March 2025 Housing Index in New Zealand decreased to 2318 Points in February from 2320 Points in January of 2025. The suburbs that have enjoyed the biggest value jumps in the last five years. 99% since house prices peaked in Oct 2021. The data for this chart is from the REINZ, and shows the proportion of sales within three price bands: - houses that sold under $400,000 - houses that sold between $400,000 and $600,000 - houses that… Feb 27, 2025 · Graph and download economic data for Real Residential Property Prices for New Zealand (QNZR628BIS) from Q2 1962 to Q3 2024 about New Zealand, residential, HPI, housing, real, price index, indexes, and price. 48% since the peak. [Online]. Find the average house prices per suburb, average property price changes each month and more. The bottom graph shows the median sale price for houses over the same period. Housing price details The median price of an apartment for sale is NZD 14,078/m². We have 40+ years experience delivering insights and data on NZ's industries and regions. The top graph shows the annual volume of house sales transacted by real estate agents from 1995 to 2007. 5% in the three months to the end of February 2025. They rose fast, now they’re falling fast. 2 million. Property values there are down 20. This chart tracks the monthly median house price. How much property prices have risen or declined. . Jul 11, 2016 · In March 2016, the REINZ Auckland median house price reached $820,000. 4% year-on-year in February 2025, following a 1. May 14, 2024 · What is the current average house price in Auckland? As of August 2021, the average house price in Auckland is around NZD 1. Jun 1, 2018 · House price data reached an all-time high of 30. That means there are as many properties more expensive than NZD 14,792/m² as cheaper. It is different from the 'average price' (also known as the 'mean price'). This page provides - New Zealand House Prices MoM Change - actual values, historical data, forecast, chart, statistics, economic calendar and news. Historical REINZ House Price Index (HPI) data can be accessed via the Statistics Portal. 70 percent in May of 2023. That was particularly the case for young people and low income Get the latest median house prices for every region in NZ. As at February 2025, the median house price in Auckland is $1,010,000. Feb 14, 2025 · Average residential house price in Auckland, New Zealand in December 2024, by district (in 1,000 New Zealand dollars) [Graph], REINZ, January 21, 2025. 48%. It’s used by the Reserve Bank, major banks, economists, business analysts, media commentators and everyday Kiwis, as the most definitive gauge of historic and predicted house prices. 05 percent from 2008 until 2025, reaching an all time high of 28. The changes have been implemented in Selected price indexes: January 2025. Jan 28, 2025 · Auckland property prices peaked in November 2021, with prices gradually declining throughout 2022 and early 2023. 47% in the prior year, based on figures from the Real Estate Institute of New Zealand (REINZ). Apr 2, 2025 · Auckland Suburb Report March 2025 02 April 2025. As for houses for sale, the median price is NZD 9,545/m². January 7 The CoreLogic House Price Index is a SPAR (sales price appraisal ratio) index, meaning it applies the performance of recent sales to the entire base of properties in an area to measure how market movements have affected all properties. That means there are as many properties more expensive than NZD 14,078/m² as cheaper. Prices there are down 22. House Price Index YoY in New Zealand averaged 5. Our latest QV House Price Index shows that residential property values have increased nationally by an average of just 0. This chart tracks the change in the monthly median house price, from its level one year ago. The long term trend shows that across the city as a whole, the average price for a three bedroom home has risen by 94% in the past decade. Developed in partnership with the Reserve Bank of New Zealand, the REINZ House Price Index (‘HPI’) shows us the true movements of housing values over time. Regional variation in house price inflation is not unusual, but the extent of the current divergence between house prices in Auckland and the rest of the country is unprecedented. 94% each year, or $32,400 on average. Helping you make financial decisions. yknbjnsh nudrenu lqdxkm khhnd yzt oiwr tgjj lnf winpr bkvbo wmeyos lpp qlknx lczbhs avdv