Average House Prices in New Zealand decreased to 909139 NZD in February from 910285 NZD in January of 2026. Average House Prices in New Zealand averaged 633066.65 NZD from 2007 until 2026, reaching an all time high of 1063765.00 NZD in January of 2022 and a record low of 375577.00 NZD in February of 2009. source: Quotable Value

Average House Prices in New Zealand is expected to be 922315.00 NZD by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the New Zealand Residential Average Sale Price is projected to trend around 941325.00 NZD in 2027 and 960152.00 NZD in 2028, according to our econometric models.



Related Last Previous Unit Reference
Average House Prices 909139.00 910285.00 NZD Feb 2026
Building Permits 3412.00 3322.00 Units Feb 2026
Building Permits MoM 2.70 2.00 percent Feb 2026
Construction Output -4.36 -9.92 percent Sep 2025
Home Ownership Rate 66.00 64.50 percent Dec 2023
House Price Index MoM -0.10 0.00 percent Feb 2026
House Price Index YoY -0.40 -0.30 percent Feb 2026
Housing Index 2309.00 2312.00 Points Feb 2026
Price to Rent Ratio 124.15 125.05 Mar 2025
Residential Property Prices -0.60 -1.10 Percent Sep 2025


New Zealand Residential Average Sale Price
Actual Previous Highest Lowest Dates Unit Frequency
909139.00 910285.00 1063765.00 375577.00 2007 - 2026 NZD Monthly
Current Prices, NSA