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House prices up for the first time in over a year
Property Pulse Report - August 2025
By Gavin Lloyd 9 September 2025
Annual Change in the Property Price Index
+1.3% increase excluding Auckland
Property prices have increase by 1.3% not including Auckland.
Auckland prices dip further
| Region | Property Price Index | YoY % change | |||
|---|---|---|---|---|---|
| Auckland | Auckland | $984,600 | $984,600 | -1.1% | -1.1% |
| Bay of Plenty | Bay of Plenty | $873,450 | $873,450 | -0.4% | -0.4% |
| Canterbury | Canterbury | $705,750 | $705,750 | 3.1% | 3.1% |
| Gisborne | Gisborne | $679,600 | $679,600 | 10.1% | 10.1% |
| Hawke’s Bay | Hawke’s Bay | $737,150 | $737,150 | 0.0% | 0.0% |
| Manawatuū/Whanganui | Manawatuū/Whanganui | $581,150 | $581,150 | 1.6% | 1.6% |
| Marlborough | Marlborough | $705,050 | $705,050 | -4.6% | -4.6% |
| Nelson/Tasman | Nelson/Tasman | $811,050 | $811,050 | 3.4% | 3.4% |
| Northland | Northland | $748,800 | $748,800 | 2.0% | 2.0% |
| Otago | Otago | $847,850 | $847,850 | -1.7% | -1.7% |
| Southland | Southland | $537,150 | $537,150 | 6.7% | 6.7% |
| Taranaki | Taranaki | $655,850 | $655,850 | 0.8% | 0.8% |
| Waikato | Waikato | $799,800 | $799,800 | 1.7% | 1.7% |
| Wellington | Wellington | $755,250 | $755,250 | -2.6% | -2.6% |
| West Coast | West Coast | $467,650 | $467,650 | 15.7% | 15.7% |
Gisborne, the West Coast and Southland outperform
Supply and demand
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