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House prices fall, alongside the temperatures

Property Pulse Report - June 2026

By Gavin Lloyd 16 July 2026

Canterbury prices stand steady while both Auckland and Wellington fall.

Property prices June 2025 - June 2026

Tāmaki Makaurau falls below $1 million for the first time this year

Northland heats up while major cities chill

Property Price Index (June 2026 vs June 2025)
RegionProperty Price IndexYoY % change
AucklandAuckland$992,700$992,7000.3%0.3%
Bay of PlentyBay of Plenty$895,100$895,1005.6%5.6%
CanterburyCanterbury$723,800$723,8004.8%4.8%
GisborneGisborne$611,500$611,500-11.7%-11.7%
Hawke's BayHawke's Bay$720,300$720,300-3.5%-3.5%
Manawatuū/Whanganui Manawatuū/Whanganui $570,550$570,5501.1%1.1%
Marlborough Marlborough $705,950$705,9501.0%1.0%
Nelson/TasmanNelson/Tasman$802,900$802,9000.1%0.1%
NorthlandNorthland$764,150$764,1509.2%9.2%
OtagoOtago$852,400$852,4001.7%1.7%
SouthlandSouthland$537,450$537,450-2.7%-2.7%
TaranakiTaranaki$651,350$651,350-0.9%-0.9%
WaikatoWaikato$790,250$790,250-0.2%-0.2%
WellingtonWellington$736,800$736,800-2.7%-2.7%
West CoastWest Coast$396,300$396,300-2.0%-2.0%

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Author

Gavin Lloyd Gavin Lloyd
Customer Director - Trade Me Property