New Zealand

New ZealandPrice/rent

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

121.4

−1.4 (−1.1%)

As of 2025 Q4 | index

Latest
121.4 2025 Q4
Previous
122.8 2025 Q3
Min
30.9 1970 Q4
Max
163.0 2021 Q4
PeriodValue
2025 Q4121.4
2025 Q3122.8
2025 Q2123.7
2025 Q1124.3
2024 Q4125.2
2024 Q3126.7
2024 Q2129.1
2024 Q1131.3
2023 Q4132.5
2023 Q3133.7
2023 Q2133.7
2023 Q1134.5
2022 Q4139.3
2022 Q3145.5
2022 Q2153.1
2022 Q1158.8
2021 Q4163.0
2021 Q3158.0
2021 Q2151.9
2021 Q1145.4
2020 Q4134.5
2020 Q3126.7
2020 Q2121.7
2020 Q1121.7
#CountryPrice/rentChangePeriod
19Australia133.9+3.0 (+2.3%)2025-0920United States133.2+0.5 (+0.4%)2024-1222Euro area130.2+0.9 (+0.7%)2025-1229New Zealand121.4−1.4 (−1.1%)2025-1235United Kingdom110.1−0.5 (−0.5%)2026-0341Korea102.4+0.2 (+0.2%)2025-03

What the price-to-rent ratio is

The OECD price-to-rent ratio compares nominal house prices with the rent-price index. A higher reading means purchase prices have outpaced rents relative to the index history. Latest: 121.4 in 2025 Q4.

This is an index of prices versus rents, not a typical asking rent and not a purchase price. From 1970 Q1 to 2025 Q4 (224 quarters): latest 121.4 (2025 Q4), previous 122.8 (2025 Q3); low 30.9 (1970 Q4), high 163.0 (2021 Q4).

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