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Southland and small homes lead property price growth

Property Pulse Report - April 2026

By Gavin Lloyd 8 May 2026

Property prices April 2025 - April 2026

Regional standouts and market volatility

Small homes find their stride

Property Price Index (April 2026 vs April 2025)
RegionProperty Price IndexYoY % change
AucklandAuckland$1,047,350$1,047,3500.9%0.9%
Bay of PlentyBay of Plenty$888,700$888,700-2.5%-2.5%
CanterburyCanterbury$728,650$728,6503.7%3.7%
GisborneGisborne$638,050$638,050-9.9%-9.9%
Hawke's BayHawke's Bay$740,200$740,200-5.4%-5.4%
Manawatuū/Whanganui Manawatuū/Whanganui $583,750$583,7501.4%1.4%
Marlborough Marlborough $668,600$668,600-13.6%-13.6%
Nelson/TasmanNelson/Tasman$805,850$805,850-3.7%-3.7%
NorthlandNorthland$747,150$747,150-3.9%-3.9%
OtagoOtago$868,550$868,5501.2%1.2%
SouthlandSouthland$563,450$563,45013.9%13.9%
TaranakiTaranaki$685,250$685,250-2.5%-2.5%
WaikatoWaikato$835,250$835,2503.3%3.3%
WellingtonWellington$787,850$787,850-0.5%-0.5%
West CoastWest Coast$567,700$567,70029.1%29.1%

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Author

Gavin Lloyd Gavin Lloyd
Customer Director - Trade Me Property