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Property Pulse Report - June 2025

Property Pulse Report - June 2025

By Gavin Lloyd 8 July 2025

New Zealand Property Price Index

-1.4% year on year (-0.1% excluding Auckland)

The national average asking price decreased 1.4% compared to the same time last year.

Average asking price by region (June 2025)
RegionProperty Price IndexYoY % change
Auckland Auckland $1,005,950$1,005,950-2.7%-2.7%
Bay of Plenty Bay of Plenty $855,350$855,3500.2%0.2%
CanterburyCanterbury$698,200$698,200-0.6%-0.6%
GisborneGisborne$676,500$676,5005.5%5.5%
Hawke’s BayHawke’s Bay$742,300$742,3003.8%3.8%
Manawatuū/Whanganui Manawatuū/Whanganui $574,950$574,950-0.1%-0.1%
Marlborough Marlborough $719,450$719,450-1.0%-1.0%
Nelson/TasmanNelson/Tasman$814,450$814,450-1.5%-1.5%
NorthlandNorthland$777,850$777,850-1.0%-1.0%
OtagoOtago$850,350$850,3506.7%6.7%
SouthlandSouthland$522,400$522,4003.4%3.4%
TaranakiTaranaki$690,300$690,3005.2%5.2%
WaikatoWaikato$790,600$790,600-0.2%-0.2%
WellingtonWellington$788,200$788,200-1.9%-1.9%
West Coast West Coast $463,650$463,650-4.8%-4.8%

Deep South, good gains

Supply and demand down both fall

Explore Past Property Market Reports

Author

Gavin Lloyd Gavin Lloyd