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Supply sees biggest jump on record

July Property Price Index 2022

22 August 2022
Supply & demand % change by region - July 2022 vs July 2021
RegionSupply % changeDemand % change
Hawke's BayHawke's Bay+99%+99%+22%+22%
Nelson/TasmanNelson/Tasman+97%+97%+15%+15%
WellingtonWellington+90%+90%+12%+12%
Bay of PlentyBay of Plenty+86%+86%+3%+3%
WaikatoWaikato+84%+84%-5%-5%
Manawatū/WhanganuiManawatū/Whanganui+77%+77%+6%+6%
NorthlandNorthland+56%+56%+7%+7%
GisborneGisborne+55%+55%+8%+8%
TaranakiTaranaki+54%+54%-4%-4%
CanterburyCanterbury+45%+45%-15%-15%
AucklandAuckland+39%+39%-14%-14%
MarlboroughMarlborough+31%+31%-4%-4%
OtagoOtago+31%+31%+4%+4%
SouthlandSouthland+25%+25%-9%-9%
West CoastWest Coast+12%+12%-15%-15%
NationwideNationwide+54%+54%-5%-5%

Prices slump for three consecutive months

Price growth slows in the Capital

Auckland prices see smallest growth in two years