The Monthly Property Update is generated using’s October 2022 HomesEstimates, providing an up-to-date perspective on house values around New Zealand.

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Trends in our Main Cities 

The downturn may be slowing, but there are no clear signs of it letting up, with another month-on-month decrease across the country. Christchurch and Hamilton are the only regions keeping their head above water, seeing a year-on-year increase to their median HomesEstimate.




How do we calculate these figures?

The Monthly Property Update is generated using’s monthly HomesEstimates and provides an up-to-date perspective on house values around New Zealand. By valuing the entire housing stock, the Monthly Property Update can compare median values from month to month in a consistent and reliable way. Our HomesEstimates are calculated for almost every home in New Zealand by an algorithm that identifies the relationships between sales prices and the features of a property.

Established in 2013, is NZ’s first free property information portal eager to share free property information to New Zealanders.

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NZ’s First Home Buyer HomesEstimate

The “First Home Buyer HomesEstimate” is’s estimate of what a typical first home may cost. It is calculated to be the lower quartile HomesEstimate in a town.


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