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Property prices fall following spring peak
Property Pulse Report - November 2025
By Gavin Lloyd 11 December 2025
Regional highs, and lows
Supply and demand
| Region | Property Price Index | YoY % change | |||
|---|---|---|---|---|---|
| Auckland | Auckland | $1,049,500 | $1,049,500 | -0.6% | -0.6% |
| Bay of Plenty | Bay of Plenty | $904,550 | $904,550 | 1.2% | 1.2% |
| Canterbury | Canterbury | $720,000 | $720,000 | 0.5% | 0.5% |
| Gisborne | Gisborne | $658,050 | $658,050 | 21.2% | 21.2% |
| Hawke's Bay | Hawke's Bay | $763,450 | $763,450 | 2.3% | 2.3% |
| Manawatuū/Whanganui | Manawatuū/Whanganui | $588,250 | $588,250 | -2.2% | -2.2% |
| Marlborough | Marlborough | $782,550 | $782,550 | 3.2% | 3.2% |
| Nelson/Tasman | Nelson/Tasman | $893,000 | $893,000 | 3.8% | 3.8% |
| Northland | Northland | $807,500 | $807,500 | 1.5% | 1.5% |
| Otago | Otago | $881,600 | $881,600 | 4.3% | 4.3% |
| Southland | Southland | $515,400 | $515,400 | 0.1% | 0.1% |
| Taranaki | Taranaki | $697,100 | $697,100 | 5.8% | 5.8% |
| Waikato | Waikato | $827,000 | $827,000 | 1.3% | 1.3% |
| Wellington | Wellington | $800,400 | $800,400 | 0.0% | 0.0% |
| West Coast | West Coast | $510,700 | $510,700 | 11.8% | 11.8% |
Month-on-month change in the Property Price Index
Down -3.5% month on month
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