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Deep South drives property market as national prices firm
Property Pulse Report - July 2026
By Gavin Lloyd 12 August 2026
Southland prices are up nearly 10 per cent year-on-year.
Property prices July 2025 - July 2026
Affordability pulling buyers south
Auckland apartments surge 26 per cent
| Region | Property Price Index | YoY % change | |||
|---|---|---|---|---|---|
| Auckland | Auckland | $981,050 | $981,050 | 0.8% | 0.8% |
| Bay of Plenty | Bay of Plenty | $870,150 | $870,150 | 2.7% | 2.7% |
| Canterbury | Canterbury | $721,400 | $721,400 | 2.6% | 2.6% |
| Gisborne | Gisborne | n/a | n/a | n/a | n/a |
| Hawke's Bay | Hawke's Bay | $742,750 | $742,750 | 6.0% | 6.0% |
| Manawatū/Whanganui | Manawatū/Whanganui | $552,750 | $552,750 | -3.6% | -3.6% |
| Marlborough | Marlborough | $673,550 | $673,550 | 3.5% | 3.5% |
| Nelson/Tasman | Nelson/Tasman | $803,100 | $803,100 | -3.2% | -3.2% |
| Northland | Northland | $727,950 | $727,950 | -1.6% | -1.6% |
| Otago | Otago | $924,650 | $924,650 | 6.6% | 6.6% |
| Southland | Southland | $529,000 | $529,000 | -9.7% | -9.7% |
| Taranaki | Taranaki | $633,400 | $633,400 | -1.2% | -1.2% |
| Waikato | Waikato | $787,000 | $787,000 | -2.0% | -2.0% |
| Wellington | Wellington | $744,750 | $744,750 | -0.1% | -0.1% |
| West Coast | West Coast | $491,400 | $491,400 | -0.4% | -0.4% |
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