Pacific · NZD
New Zealand property market
House prices in New Zealand fell 0.8% in the year to Q1 2026, based on BIS data. After inflation, prices lost 3.7% over the same period. Rents changed +0.5% year on year. Over five years the nominal index is -0.3%.
New Zealand
New Zealand residential property market analysis 2026
- Author
- Global Property Search Research DeskMarket data team
- Last update
- Sept 2026
- Next update
- Sept 2027
- Reviewed against
- Official statistics & central bank data
Independently researched and fact-checked against official sources. See our methodology and data sources.
Key metrics
We are still compiling indicator data for New Zealand.
Market analysis
Our market analysis briefing for New Zealand is being written by our research desk. In the meantime, the indicators above cover the numbers this section will explain.
Last updated 29 September 2026
Taxes & costs
Our taxes & costs briefing for New Zealand is being written by our research desk. In the meantime, the indicators above cover the numbers this section will explain.
Last updated 29 September 2026
Buying guide
Our buying guide briefing for New Zealand is being written by our research desk. In the meantime, the indicators above cover the numbers this section will explain.
Last updated 29 September 2026
Rental law
Our rental law briefing for New Zealand is being written by our research desk. In the meantime, the indicators above cover the numbers this section will explain.
Last updated 29 September 2026
Economy
Our economy briefing for New Zealand is being written by our research desk. In the meantime, the indicators above cover the numbers this section will explain.
Last updated 29 September 2026
Featured cities in New Zealand
Go one level deeper: local price levels, rental demand and neighbourhood-by-neighbourhood guides for the main New Zealand property markets.
Sources & methodology
Indicators are compiled from official statistics offices, central banks and international organisations.
Read our full methodology or compare New Zealand with other markets.
New Zealand property FAQs
What is the average rental yield in New Zealand?
We do not yet publish a gross rental yield for New Zealand.
Are house prices rising in New Zealand?
Nominal house prices in New Zealand changed -0.8% over the last year.
What does it cost to buy property in New Zealand?
Transaction costs vary by region in New Zealand; see the taxes and costs section for details.
What are typical mortgage rates in New Zealand?
We do not yet publish a representative mortgage rate for New Zealand; see the finance metrics above for the indicators we track.
Can foreigners buy property in New Zealand?
Foreign-buyer rules in New Zealand are covered in our buying guide section above, alongside transaction costs, taxes and the registration process.
Where does this New Zealand property data come from?
Figures for New Zealand are compiled from official statistics offices, central banks and international organisations, and were last updated 29 September 2026.
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