New Zealand house prices fall for seventh consecutive month

Thursday 5 November 2026 · 2 outlets · 2 reports · updated Thu 5 Nov, 5:29am

In this story Cotality NZ

National median house prices dropped 0.4 percent in October to $790,987, marking the seventh straight monthly decline. While Buller saw the largest decrease, Southland and Queenstown bucked the downward trend. National values are now 2.3 percent lower than they were a year ago.

How they headlined it

4am5:29am

1. StuffThu 5 Nov, 4:00am

   Check out what happened to house prices in your region over the last month (and not every region fell) (opens in new tab)

2. RNZThu 5 Nov, 5:29am

   House prices haven't moved in real terms in a decade (opens in new tab)