{"id":325798,"date":"2025-12-03T21:51:10","date_gmt":"2025-12-03T21:51:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/325798\/"},"modified":"2025-12-03T21:51:10","modified_gmt":"2025-12-03T21:51:10","slug":"housing-values-in-november-just-eased-off-a-little-bit-again-cotality-says","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/325798\/","title":{"rendered":"Housing values in November ‘just eased off a little bit again,’ Cotality says"},"content":{"rendered":"

\nNovember dwelling values slipped in Auckland and Queenstown-Lakes, the Cotality Home Value Index shows\n<\/p>\n

Dwelling values were flat\u00a0overall in November, according property data company Cotality.<\/p>\n

The national median dwelling value was $806,561 last month, unchanged from October and barely changed (+0.02%) from September, according to the Cotality Hedonic Home Value Index.<\/p>\n

The median dwelling value was also 0.73% lower than November last year.<\/p>\n

In the main urban regions, values were weakest in Auckland where the median value declined by 0.24% for the month and was down 2.20% for the year.<\/p>\n

Within the Auckland region the one month value declines ranged from 0.07% on the North Shore to 0.79% in Papakura.<\/p>\n

Waitakere was the only Auckland district where the median value increased in November, up 0.18% for the month.<\/p>\n

All other main centres posted increases in their median dwelling values for November. See the chart below for the value changes in all urban districts throughout the country.<\/p>\n

One of the most surprising results was for Queenstown-Lakes, which is the most expensive urban area in the country with a median dwelling value of $1,561,310. The median value in Queenstown-Lakes fell 0.61% in November and was down 0.79% year-on-year.<\/p>\n

“Property values across the country were patchy over May to August as households and firms remained in a cautious mood, then September and October brought a few signs of life for values, but November just eased off a little bit again,” Cotality NZ Chief Property Economist Kelvin Davidson said.<\/p>\n

Cotality Hedonic Home Value Index
\n\t\tResidential Dwellings
\n\t\tNovember 2025
\n\t\t\u00a0
\n\t\t\tMedian Dwelling Value
\n\t\t\tOne month change
\n\t\t\tThree month change
\n\t\t\tTwelve\u00a0 Month Change
\n\t\tNorthland Region
\n\t\t\t$699,419
\n\t\t\t0.49%
\n\t\t\t-0.13%
\n\t\t\t0.18%
\n\t\tFar North District
\n\t\t\t$652,669
\n\t\t\t1.22%
\n\t\t\t1.95%
\n\t\t\t0.93%
\n\t\tWhangarei District
\n\t\t\t$710,813
\n\t\t\t0.54%
\n\t\t\t-1.05%
\n\t\t\t0.27%
\n\t\tKaipara District
\n\t\t\t$764,537
\n\t\t\t-1.10%
\n\t\t\t-1.31%
\n\t\t\t-1.46%
\n\t\tAuckland Region
\n\t\t\t$1,048,423
\n\t\t\t-0.24%
\n\t\t\t-0.39%
\n\t\t\t-2.20%
\n\t\tAuckland – Rodney
\n\t\t\t$1,201,060
\n\t\t\t-0.35%
\n\t\t\t0.03%
\n\t\t\t-1.08%
\n\t\tAuckland – North Shore
\n\t\t\t$1,273,877
\n\t\t\t-0.07%
\n\t\t\t0.81%
\n\t\t\t-2.08%
\n\t\tAuckland – Waitakere
\n\t\t\t$921,268
\n\t\t\t0.18%
\n\t\t\t-0.30%
\n\t\t\t-1.63%
\n\t\tAuckland – City
\n\t\t\t$1,118,156
\n\t\t\t-0.36%
\n\t\t\t-0.71%
\n\t\t\t-2.53%
\n\t\tAuckland – Manukau
\n\t\t\t$966,047
\n\t\t\t-0.29%
\n\t\t\t-0.98%
\n\t\t\t-2.80%
\n\t\tAuckland – Papakura
\n\t\t\t$810,862
\n\t\t\t-0.79%
\n\t\t\t-1.15%
\n\t\t\t-2.20%
\n\t\tAuckland – Franklin
\n\t\t\t$927,972
\n\t\t\t-0.27%
\n\t\t\t-0.65%
\n\t\t\t-1.28%
\n\t\tWaikato Region
\n\t\t\t$776,062
\n\t\t\t0.17%
\n\t\t\t0.41%
\n\t\t\t0.72%
\n\t\tThames-Coromandel District
\n\t\t\t$959,294
\n\t\t\t-0.88%
\n\t\t\t-0.29%
\n\t\t\t-1.19%
\n\t\tHauraki District
\n\t\t\t$659,817
\n\t\t\t-0.16%
\n\t\t\t0.70%
\n\t\t\t0.90%
\n\t\tWaikato District
\n\t\t\t$921,420
\n\t\t\t-0.41%
\n\t\t\t-2.16%
\n\t\t\t1.56%
\n\t\tMatamata-Piako District
\n\t\t\t$733,200
\n\t\t\t0.82%
\n\t\t\t0.43%
\n\t\t\t2.51%
\n\t\tHamilton City
\n\t\t\t$731,952
\n\t\t\t0.67%
\n\t\t\t1.65%
\n\t\t\t0.31%
\n\t\tWaipa District
\n\t\t\t$918,848
\n\t\t\t0.83%
\n\t\t\t0.48%
\n\t\t\t1.15%
\n\t\tOtorohanga District
\n\t\t\t$642,388
\n\t\t\t-0.17%
\n\t\t\t-1.75%
\n\t\t\t1.14%
\n\t\tSouth Waikato District
\n\t\t\t$425,250
\n\t\t\t0.64%
\n\t\t\t0.23%
\n\t\t\t-1.46%
\n\t\tWaitomo District
\n\t\t\t$451,774
\n\t\t\t0.31%
\n\t\t\t0.66%
\n\t\t\t-1.64%
\n\t\tBay of Plenty Region
\n\t\t\t$835,699
\n\t\t\t0.36%
\n\t\t\t0.27%
\n\t\t\t0.10%
\n\t\tTaupo District
\n\t\t\t$795,179
\n\t\t\t0.21%
\n\t\t\t2.49%
\n\t\t\t2.50%
\n\t\tWestern Bay of Plenty District
\n\t\t\t$1,023,878
\n\t\t\t-0.30%
\n\t\t\t-1.03%
\n\t\t\t-0.41%
\n\t\tTauranga City
\n\t\t\t$926,377
\n\t\t\t0.59%
\n\t\t\t1.30%
\n\t\t\t1.20%
\n\t\tRotorua District
\n\t\t\t$616,578
\n\t\t\t0.09%
\n\t\t\t-1.23%
\n\t\t\t-1.31%
\n\t\tWhakatane District
\n\t\t\t$697,928
\n\t\t\t0.66%
\n\t\t\t-0.34%
\n\t\t\t-3.12%
\n\t\tKawerau District
\n\t\t\t$409,563
\n\t\t\t0.78%
\n\t\t\t0.31%
\n\t\t\t4.11%
\n\t\tGisborne Region
\n\t\t\t$595,257
\n\t\t\t0.27%
\n\t\t\t0.63%
\n\t\t\t1.79%
\n\t\tOpotiki District
\n\t\t\t$579,441
\n\t\t\t1.10%
\n\t\t\t0.95%
\n\t\t\t-2.40%
\n\t\tGisborne District
\n\t\t\t$595,257
\n\t\t\t0.27%
\n\t\t\t0.63%
\n\t\t\t1.79%
\n\t\tWairoa District
\n\t\t\t$430,580
\n\t\t\t-0.68%
\n\t\t\t-0.76%
\n\t\t\t2.61%
\n\t\tHawke’s Bay Region
\n\t\t\t$677,321
\n\t\t\t-0.23%
\n\t\t\t-0.16%
\n\t\t\t1.37%
\n\t\tHastings District
\n\t\t\t$712,260
\n\t\t\t-0.19%
\n\t\t\t0.42%
\n\t\t\t2.37%
\n\t\tNapier City
\n\t\t\t$686,169
\n\t\t\t-0.32%
\n\t\t\t-0.83%
\n\t\t\t0.27%
\n\t\tCentral Hawke’s Bay District
\n\t\t\t$599,214
\n\t\t\t0.22%
\n\t\t\t0.04%
\n\t\t\t0.33%
\n\t\tTaranaki Region
\n\t\t\t$636,135
\n\t\t\t0.05%
\n\t\t\t-0.37%
\n\t\t\t0.52%
\n\t\tNew Plymouth District
\n\t\t\t$695,531
\n\t\t\t0.01%
\n\t\t\t-0.66%
\n\t\t\t-0.11%
\n\t\tStratford District
\n\t\t\t$529,918
\n\t\t\t0.26%
\n\t\t\t1.58%
\n\t\t\t2.73%
\n\t\tSouth Taranaki District
\n\t\t\t$448,327
\n\t\t\t0.19%
\n\t\t\t0.38%
\n\t\t\t3.32%
\n\t\tManawatu-Whanganui Region
\n\t\t\t$538,069
\n\t\t\t0.11%
\n\t\t\t0.20%
\n\t\t\t-0.63%
\n\t\tRuapehu District
\n\t\t\t$392,983
\n\t\t\t0.23%
\n\t\t\t0.64%
\n\t\t\t-0.86%
\n\t\tWhanganui District
\n\t\t\t$488,990
\n\t\t\t0.08%
\n\t\t\t-0.22%
\n\t\t\t-1.70%
\n\t\tRangitikei District
\n\t\t\t$455,402
\n\t\t\t0.18%
\n\t\t\t-1.00%
\n\t\t\t-1.32%
\n\t\tManawatu District
\n\t\t\t$572,380
\n\t\t\t-0.63%
\n\t\t\t-1.16%
\n\t\t\t-0.41%
\n\t\tPalmerston North City
\n\t\t\t$606,986
\n\t\t\t0.25%
\n\t\t\t0.83%
\n\t\t\t-0.55%
\n\t\tTararua District
\n\t\t\t$423,541
\n\t\t\t-0.26%
\n\t\t\t-0.61%
\n\t\t\t1.36%
\n\t\tHorowhenua District
\n\t\t\t$528,435
\n\t\t\t0.21%
\n\t\t\t0.49%
\n\t\t\t-0.39%
\n\t\tWellington Region
\n\t\t\t$765,780
\n\t\t\t0.10%
\n\t\t\t-0.29%
\n\t\t\t-1.93%
\n\t\tKapiti Coast District
\n\t\t\t$788,814
\n\t\t\t-0.07%
\n\t\t\t-0.60%
\n\t\t\t-2.44%
\n\t\tPorirua City
\n\t\t\t$765,230
\n\t\t\t0.17%
\n\t\t\t-0.73%
\n\t\t\t-1.48%
\n\t\tUpper Hutt City
\n\t\t\t$700,544
\n\t\t\t0.19%
\n\t\t\t-0.52%
\n\t\t\t-3.10%
\n\t\tLower Hutt City
\n\t\t\t$672,741
\n\t\t\t-0.49%
\n\t\t\t-1.84%
\n\t\t\t-2.18%
\n\t\tWellington City
\n\t\t\t$865,060
\n\t\t\t0.39%
\n\t\t\t0.65%
\n\t\t\t-1.39%
\n\t\tMasterton District
\n\t\t\t$572,007
\n\t\t\t0.32%
\n\t\t\t0.22%
\n\t\t\t-1.32%
\n\t\tCarterton District
\n\t\t\t$662,426
\n\t\t\t-0.03%
\n\t\t\t-1.15%
\n\t\t\t-2.60%
\n\t\tSouth Wairarapa District
\n\t\t\t$752,607
\n\t\t\t0.19%
\n\t\t\t0.34%
\n\t\t\t-1.73%
\n\t\tTasman Nelson Marlborough Region
\n\t\t\t$745,775
\n\t\t\t0.01%
\n\t\t\t-0.62%
\n\t\t\t-1.84%
\n\t\tTasman District
\n\t\t\t$843,431
\n\t\t\t0.38%
\n\t\t\t-0.62%
\n\t\t\t-1.30%
\n\t\tNelson City
\n\t\t\t$722,258
\n\t\t\t-0.02%
\n\t\t\t0.09%
\n\t\t\t-1.78%
\n\t\tMarlborough District
\n\t\t\t$660,884
\n\t\t\t-0.44%
\n\t\t\t-1.35%
\n\t\t\t-2.55%
\n\t\tWest Coast Region
\n\t\t\t$439,742
\n\t\t\t-0.47%
\n\t\t\t-0.38%
\n\t\t\t2.61%
\n\t\tBuller District
\n\t\t\t$384,465
\n\t\t\t-0.60%
\n\t\t\t-2.33%
\n\t\t\t0.09%
\n\t\tGrey District
\n\t\t\t$445,732
\n\t\t\t-0.36%
\n\t\t\t-0.27%
\n\t\t\t3.35%
\n\t\tWestland District
\n\t\t\t$512,272
\n\t\t\t-0.50%
\n\t\t\t1.30%
\n\t\t\t4.09%
\n\t\tCanterbury Region
\n\t\t\t$715,068
\n\t\t\t0.26%
\n\t\t\t1.05%
\n\t\t\t2.35%
\n\t\tKaikoura District
\n\t\t\t$834,348
\n\t\t\t1.17%
\n\t\t\t1.81%
\n\t\t\t7.59%
\n\t\tHurunui District
\n\t\t\t$679,176
\n\t\t\t0.16%
\n\t\t\t0.50%
\n\t\t\t1.05%
\n\t\tWaimakariri District
\n\t\t\t$764,052
\n\t\t\t0.16%
\n\t\t\t0.92%
\n\t\t\t1.69%
\n\t\tChristchurch City
\n\t\t\t$705,030
\n\t\t\t0.31%
\n\t\t\t0.98%
\n\t\t\t2.62%
\n\t\tSelwyn District
\n\t\t\t$875,600
\n\t\t\t0.13%
\n\t\t\t1.62%
\n\t\t\t1.80%
\n\t\tAshburton District
\n\t\t\t$562,984
\n\t\t\t0.34%
\n\t\t\t1.37%
\n\t\t\t2.80%
\n\t\tTimaru District
\n\t\t\t$533,960
\n\t\t\t-0.10%
\n\t\t\t0.09%
\n\t\t\t1.24%
\n\t\tMackenzie District
\n\t\t\t$718,368
\n\t\t\t0.45%
\n\t\t\t1.86%
\n\t\t\t2.83%
\n\t\tWaimate District
\n\t\t\t$503,184
\n\t\t\t1.30%
\n\t\t\t1.51%
\n\t\t\t1.73%
\n\t\tWaitaki District
\n\t\t\t$476,721
\n\t\t\t-1.04%
\n\t\t\t-1.79%
\n\t\t\t-1.75%
\n\t\tOtago Region
\n\t\t\t$704,131
\n\t\t\t-0.20%
\n\t\t\t0.55%
\n\t\t\t-0.20%
\n\t\tCentral Otago District
\n\t\t\t$885,688
\n\t\t\t0.57%
\n\t\t\t0.80%
\n\t\t\t0.87%
\n\t\tQueenstown-Lakes District
\n\t\t\t$1,561,310
\n\t\t\t-0.61%
\n\t\t\t0.42%
\n\t\t\t-0.79%
\n\t\tDunedin City
\n\t\t\t$616,911
\n\t\t\t0.11%
\n\t\t\t0.90%
\n\t\t\t0.16%
\n\t\tClutha District
\n\t\t\t$428,674
\n\t\t\t0.87%
\n\t\t\t1.53%
\n\t\t\t2.95%
\n\t\tSouthland Region
\n\t\t\t$510,829
\n\t\t\t1.00%
\n\t\t\t2.41%
\n\t\t\t3.95%
\n\t\tSouthland District
\n\t\t\t$590,353
\n\t\t\t1.60%
\n\t\t\t3.34%
\n\t\t\t3.34%
\n\t\tGore District
\n\t\t\t$438,837
\n\t\t\t0.49%
\n\t\t\t1.64%
\n\t\t\t5.64%
\n\t\tInvercargill City
\n\t\t\t$503,847
\n\t\t\t0.81%
\n\t\t\t2.11%
\n\t\t\t3.89%
\n\t\tAll of Aotearoa
\n\t\t\t$806,551
\n\t\t\t0.00%
\n\t\t\t0.02%
\n\t\t\t-0.73%<\/p>\n

\"\"<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"November dwelling values slipped in Auckland and Queenstown-Lakes, the Cotality Home Value Index shows Dwelling values were flat\u00a0overall…\n","protected":false},"author":2,"featured_media":325799,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[64,63,99,164],"class_list":{"0":"post-325798","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-au","9":"tag-australia","10":"tag-business","11":"tag-economy"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/325798","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=325798"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/325798\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/325799"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=325798"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=325798"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=325798"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}