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Asking prices gain as most Kiwi look past the election

Property Pulse Report - September 2026

By Gavin Lloyd 19 October 2026

Only one in five sellers say the election is affecting their decision.

Kiwi look past the election

South Island outpaces the North

Auckland stays under $1 million

Urban property under pressure, but units hold firm

Property Price Index (Sep 2026 vs Sep 2025)
RegionProperty Price IndexYoY % change
AucklandAuckland$992,000$992,000-3.3%-3.3%
Bay of PlentyBay of Plenty$867,900$867,9000.8%0.8%
CanterburyCanterbury$733,000$733,0001.3%1.3%
GisborneGisborne$634,700$634,7000.9%0.9%
Hawke's BayHawke's Bay$754,150$754,1501.5%1.5%
Manawatū/Whanganui Manawatū/Whanganui $574,250$574,2500.2%0.2%
Marlborough Marlborough $760,150$760,1505.6%5.6%
Nelson/TasmanNelson/Tasman$766,600$766,600-4.8%-4.8%
NorthlandNorthland$731,900$731,900-2.3%-2.3%
OtagoOtago$938,800$938,8008.2%8.2%
SouthlandSouthland$558,250$558,2504.5%4.5%
TaranakiTaranaki$634,200$634,200-4.3%-4.3%
WaikatoWaikato$817,350$817,3501.2%1.2%
WellingtonWellington$762,250$762,250-1.4%-1.4%
West CoastWest Coast$479,950$479,9500.7%0.7%

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Author

Gavin Lloyd Gavin Lloyd
Customer Director - Trade Me Property