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Property Price Index - June 2022

Property prices see the largest drop on record.

21 July 2022

Supply continues to soar

Supply % change by region - June 2022 vs June 2021
RegionSupply % Change
WellingtonWellington+93%+93%
Hawke's BayHawke's Bay+90%+90%
Bay of PlentyBay of Plenty+85%+85%
Nelson/TasmanNelson/Tasman+85%+85%
WaikatoWaikato+82%+82%
Manawatū/WhanganuiManawatū/Whanganui+72%+72%
NorthlandNorthland+45%+45%
TaranakiTaranaki+45%+45%
CanterburyCanterbury+42%+42%
AucklandAuckland+40%+40%
GisborneGisborne+33%+33%
MarlboroughMarlborough+29%+29%
OtagoOtago+28%+28%
West CoastWest Coast+20%+20%
SouthlandSouthland+18%+18%
NationwideNationwide+52%+52%

Wellington prices drop by 3 per cent

Prices see a downturn in the Auckland region