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REINZ - New Zealand Property Report - November 2025

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Confidence and positivity are on the rise across almost all regions, according to the latest data from the Real Estate Institute of New Zealand (REINZ). Median prices continue to climb, with only three regions recording annual declines year-on-year, reflecting a market where prices remain resilient even as buyers move at a measured pace. Local salespeople report pockets of strong enquiry, highlighting growing sentiment at a regional level.

Looking back to November 2025 compared to November 2024, New Zealand’s median price increased by 2.3% year-on-year, to $808,000. Excluding Auckland, the median price increased by 4.3% year-on-year to $730,000.

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REINZ Monthly Property Report

Creation Date: 15 Dec 2025

Latest Update: 16 Dec 2025

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