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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.

April 2022

The average home decreased in value by 2.2% nationally over the past three-month period to the end of April, down from the 0.6% decrease in quarterly value change we saw in March, with the national average value now sitting at $1,040,927. This represents an average annual increase of 14%, down from 18.3% annual growth last month.

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Average price


% Change in 3 months

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 - April quarter 2022

Opotiki (12.4%) sits at the top of our regional growth chart for the first three months of 2022, followed by Kaikoura (11.3%) and Westland (10.1%).