National house prices fell 0.5% in the July quarter
Wednesday 13 August 2025 · 3 outlets · 4 reports · updated 
New Zealand's average home value dropped 0.5% to $909,671 in the three months ending in July, according to Quotable Value. This represents a 13.1% decline since the market peaked in early 2022. While national trends are down, some locations are showing signs of recovery.
