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QV House Price Index

The QV House Price Index measures house price movement throughout New Zealand, providing an indicator of capital growth and how prices are trending in your area.

October 2025

Our latest QV House Price Index shows that residential property values have decreased nationally by an average of just -0.8% throughout the quarter to October of 2025. The average home is now worth $902,020, which is unchanged compared to the same time last year.

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Average price

$902,020

% Change in 3 months

-0.8%
Whangarei District Auckland Region Tauranga City Hamilton City Rotorua District New Plymouth District Napier City Hastings District Palmerston North City Wellington City Nelson City Marlborough District Christchurch City Queenstown Lakes Dist Dunedin City Invercargill City

Average price

Change in 12 months

Biggest and smallest regional value changes - October quarter 2025

Low sales volumes are causing statistics to fluctuate in New Zealand Aotearoa’s smaller towns and districts, with Wairoa and Kawerau featuring among the largest average declines this quarter. Dunedin - Taieri and Clutha saw the largest average home value increases.