Annual median residential property price change New Zealand 2023, by region
As of March 2023, the Wellington region recorded the largest annual change in residential property prices in New Zealand, with a decrease of 20 percent compared to the same month in the previous year. The national median price for residential property in New Zealand was 775 thousand New Zealand dollars in that month, marking a decrease from March 2022, in which the median price was 890 thousand New Zealand dollars.
