New Zealand

New ZealandPrice/income

NZ desk: New Zealand first; Australia, United States, United Kingdom, euro area and Korea alongside.

101.3

−2.0 (−2.0%)

As of 2025 Q4 | index

Latest
101.3 2025 Q4
Previous
103.4 2025 Q3
Min
46.8 1987 Q1
Max
142.9 2021 Q4
PeriodValue
2025 Q4101.3
2025 Q3103.4
2025 Q2104.5
2025 Q1104.9
2024 Q4106.8
2024 Q3107.9
2024 Q2109.9
2024 Q1111.8
2023 Q4111.8
2023 Q3113.6
2023 Q2114.2
2023 Q1115.8
2022 Q4120.5
2022 Q3126.8
2022 Q2134.0
2022 Q1139.4
2021 Q4142.9
2021 Q3138.7
2021 Q2134.1
2021 Q1128.8
2020 Q4119.1
2020 Q3112.7
2020 Q2108.7
2020 Q1109.5
#CountryPrice/incomeChangePeriod
6United States125.6−1.2 (−0.9%)2026-037Australia125.1+3.3 (+2.7%)2026-0324United Kingdom104.1−1.3 (−1.3%)2024-1226New Zealand101.3−2.0 (−2.0%)2025-1236Korea74.9−0.8 (−1.0%)2025-03

What the price-to-income ratio is

The OECD price-to-income ratio compares nominal house prices with household disposable income. A higher reading means prices have outpaced incomes relative to the index history. Latest: 101.3 in 2025 Q4.

This is an affordability ratio, not a mortgage rate and not a typical purchase price. From 1986 Q1 to 2025 Q4 (160 quarters): latest 101.3 (2025 Q4), previous 103.4 (2025 Q3); low 46.8 (1987 Q1), high 142.9 (2021 Q4).

Source: OECD Analytical House Prices. Licence: OECD data; attribution required (terms).