HomeMarket Insights
New Zealand Market Insights
Real-time data and trends from across the property market.
National Market Trends
Source: Global Property Guide (Q1 2024)House Price IndexN/A
Year-on-Year
-12.92%
Inflation Adjusted
-18.38%
Rental Yield
3.99%
Market Analysis
The New Zealand housing market is showing signs of stabilization after a period of decline. In Q1 2024, nominal house prices increased by 3.23% quarter-on-quarter, though they remain 12.92% lower year-on-year. The average gross rental yield stands at 3.99%, indicating a moderate return for property investors.
Price History
| Date | Index / Value | YoY Change |
|---|---|---|
| Q1 2024 | N/A | -12.92% |
| Q4 2023 | N/A | -18.13% |
| Q1 2023 | N/A | -2.93% |
| Q1 2022 | N/A | 0.93% |
| Q1 2021 | N/A | 22.2% |