QV House Price Index
The QV House Price Index measures house price movement throughout New Zealand, providing an indicator of capital growth and how prices are trending in your area.
March 2026
Our latest QV House Price Index shows that residential property values have decreased nationally by 0.1% in the March quarter. The average home is now worth $909,572, which is 0.4% lower than the same time last year – but still 21.6% higher than it was six years ago…
Average price
$909,572% Change in 3 months
-0.1%Biggest and smallest regional value changes - March quarter 2026
Low sales volumes are known to cause fluctuations across New Zealand’s smaller towns and districts, with Buller and Westland growing by 5.6% and 5.3% respectively this quarter. Meanwhile, Central Hawke’s Bay and Carterton have recorded the largest average quarterly declines.