New Zealand Nominal Residential Property Price Index Growth

1971 - 2024 | Quarterly | % | Bank for International Settlements

Key information about New Zealand Nominal Residential Property Price Index Growth

  • New Zealand Nominal Residential Property Price Index Growth was reported at 2.016 % in Mar 2024.
  • This records an increase from the previous number of -0.615 % for Dec 2023.
  • New Zealand Nominal Residential Property Price Index Growth data is updated quarterly, averaging 7.743 % from Mar 1971 to Mar 2024, with 213 observations.
  • The data reached an all-time high of 43.718 % in Jun 1974 and a record low of -11.674 % in Mar 2023.
  • New Zealand Nominal Residential Property Price Index Growth data remains active status in CEIC and is reported by Bank for International Settlements.
  • The data is categorized under World Trend Plus’s Association: Property Sector – Table RK.BIS.RPPI: Selected Nominal Residential Property Price Index: 2010=100: Quarterly: YoY %.

View New Zealand's Nominal Residential Property Price Index Growth from Mar 1971 to Mar 2024 in the chart:

New Zealand Nominal Residential Property Price Index Growth

What was New Zealand's Nominal Residential Property Price Index Growth in Mar 2024?

New Zealand Nominal Residential Property Price Index Growth was reported at 2.016 % in Mar 2024. See the table below for more data.

Last Previous Min Max Unit Frequency Range
2.016 Mar 2024 -0.615 Dec 2023 -11.674 Mar 2023 43.718 Jun 1974 % quarterly Mar 1971 - Mar 2024

Nominal Residential Property Price Index Growth by Country Comparison

country/region Last Frequency Range
Australia (%) 8.599 Jun 2024 quarterly Mar 1971 - Jun 2024
Austria (%) -2.470 Jun 2024 quarterly Mar 2000 - Jun 2024
Belgium (%) 3.382 Jun 2024 quarterly Mar 1971 - Jun 2024
Brazil (%) 5.948 Jun 2024 quarterly Mar 2002 - Jun 2024
Bulgaria (%) 15.111 Jun 2024 quarterly Mar 2000 - Jun 2024
Canada (%) -2.208 Jun 2024 quarterly Mar 1971 - Jun 2024
Chile (%) 6.284 Jun 2024 quarterly Mar 2003 - Jun 2024
China (%) -7.382 Jun 2024 quarterly Jun 2006 - Jun 2024
Colombia (%) 7.404 Jun 2024 quarterly Mar 1989 - Jun 2024
Croatia (%) 9.967 Jun 2024 quarterly Mar 2000 - Jun 2024
Cyprus (%) 7.794 Mar 2024 quarterly Mar 2003 - Mar 2024
Czech Republic (%) 4.070 Jun 2024 quarterly Mar 2009 - Jun 2024
Denmark (%) 3.838 Jun 2024 quarterly Mar 1971 - Jun 2024
Estonia (%) 6.686 Jun 2024 quarterly Mar 2006 - Jun 2024
Finland (%) -4.319 Mar 2024 quarterly Mar 1971 - Mar 2024
France (%) -4.762 Mar 2024 quarterly Mar 1971 - Mar 2024
Germany (%) -2.561 Jun 2024 quarterly Mar 1971 - Jun 2024
Greece (%) 9.200 Jun 2024 quarterly Mar 2000 - Jun 2024
Hong Kong SAR, China (%) -12.758 Jun 2024 quarterly Dec 1980 - Jun 2024
Hungary (%) 10.424 Jun 2024 quarterly Mar 2000 - Jun 2024
Iceland (%) 6.282 Jun 2024 quarterly Mar 2001 - Jun 2024
India (%) 4.087 Mar 2024 quarterly Mar 2010 - Mar 2024
Indonesia (%) 1.762 Jun 2024 quarterly Mar 2003 - Jun 2024
Ireland (%) 8.439 Jun 2024 quarterly Mar 1971 - Jun 2024
Israel (%) 4.542 Jun 2024 quarterly Mar 1995 - Jun 2024
Italy (%) 2.941 Jun 2024 quarterly Mar 1928 - Jun 2024
Japan (%) 2.488 Mar 2024 quarterly Mar 1956 - Mar 2024
South Korea (%) -0.959 Jun 2024 quarterly Mar 1976 - Jun 2024
Latvia (%) 1.068 Jun 2024 quarterly Mar 2007 - Jun 2024
Lithuania (%) 10.356 Jun 2024 quarterly Dec 1999 - Jun 2024
Luxembourg (%) -8.291 Jun 2024 quarterly Mar 2008 - Jun 2024
North Macedonia (%) 11.464 Jun 2024 quarterly Mar 2001 - Jun 2024
Malaysia (%) 0.876 Jun 2024 quarterly Mar 1989 - Jun 2024
Malta (%) 6.991 Jun 2024 quarterly Mar 2006 - Jun 2024
Mexico (%) 9.671 Mar 2024 quarterly Mar 1928 - Mar 2024
Morocco (%) 1.030 Jun 2024 quarterly Mar 2006 - Jun 2024
Netherlands (%) 7.828 Jun 2024 quarterly Mar 1971 - Jun 2024
New Zealand (%) 2.016 Mar 2024 quarterly Mar 1971 - Mar 2024
Norway (%) 1.512 Jun 2024 quarterly Mar 1993 - Jun 2024
Peru (%) 0.439 Jun 2024 quarterly Mar 1999 - Jun 2024
Philippines (%) 6.100 Mar 2024 quarterly Mar 2009 - Mar 2024
Poland (%) 18.004 Mar 2024 quarterly Mar 2011 - Mar 2024
Portugal (%) 7.815 Jun 2024 quarterly Mar 2000 - Jun 2024
Romania (%) 5.479 Mar 2024 quarterly Mar 2010 - Mar 2024
Russia (%) 18.962 Mar 2024 quarterly Mar 2002 - Mar 2024
Serbia (%) 4.707 Jun 2024 quarterly Mar 2001 - Jun 2024
Singapore (%) 4.877 Mar 2024 quarterly Mar 1999 - Mar 2024
Slovakia (%) 4.011 Jun 2024 quarterly Mar 2007 - Jun 2024
Slovenia (%) 6.331 Mar 2024 quarterly Mar 2008 - Mar 2024
South Africa (%) 0.617 Jun 2024 quarterly Mar 1967 - Jun 2024
Spain (%) 6.390 Mar 2024 quarterly Mar 1972 - Mar 2024
Sweden (%) -0.766 Jun 2024 quarterly Mar 1971 - Jun 2024
Switzerland (%) 1.376 Jun 2024 quarterly Mar 1971 - Jun 2024
Thailand (%) 2.600 Jun 2024 quarterly Mar 1992 - Jun 2024
Turkey (%) 49.685 Jun 2024 quarterly Mar 2011 - Jun 2024
United Arab Emirates (%) 16.902 Dec 2023 quarterly Mar 2004 - Dec 2023
United Kingdom (%) 2.184 Jun 2024 quarterly Jun 1969 - Jun 2024
United States (%) 4.673 Jun 2024 quarterly Mar 1971 - Jun 2024

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New Zealand Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -1.6 Jun 2024 quarterly Dec 1999 - Jun 2024
Consolidated Fiscal Balance (USD mn) 5,246.112 Sep 2024 quarterly Mar 1999 - Sep 2024
Tax Revenue (USD mn) 80,859.209 2024 yearly 1999 - 2024
Tax Revenue: % of GDP (%) 30.8 2023 yearly 1999 - 2023
National Government Debt (USD mn) 118,791.5 Sep 2024 quarterly Dec 2006 - Sep 2024
Government Debt: % of GDP (%) 42.6 Jun 2024 quarterly Dec 2006 - Jun 2024
Forecast: Government Expenditure (NZD bn) 194.423 2029 yearly 1985 - 2029
Forecast: Government Net Debt (NZD bn) 236.804 2029 yearly 1985 - 2029
Forecast: Government Revenue (NZD bn) 195.599 2029 yearly 1985 - 2029
General Government: ytd: Revenue (NZD mn) 41,681.000 Sep 2024 quarterly Mar 1999 - Sep 2024
General Government: ytd: Expenses (NZD mn) 45,813.000 Sep 2024 quarterly Mar 1999 - Sep 2024
General Government: ytd: Borrowings (NZD mn) 256,738.000 Sep 2024 quarterly Jun 2002 - Sep 2024
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 3.471 2029 yearly 1980 - 2029
Trade Balance (USD mn) -937.9 Oct 2024 monthly Jan 1960 - Oct 2024
Total Exports (USD mn) 3,503.6 Oct 2024 monthly Jan 1957 - Oct 2024
Total Exports Growth (%) 7.5 Oct 2024 monthly Jan 1952 - Oct 2024
Aluminum: Exports (USD th) 796,821.124 2023 yearly 1995 - 2023
Exports: Medicament (USD th) 133,163.766 2023 yearly 1995 - 2023
Exports: Medicinal and Pharmaceutical Product (USD th) 279,372.038 2023 yearly 1995 - 2023
Total Imports (USD mn) 4,441.4 Oct 2024 monthly Jan 1960 - Oct 2024
Total Imports Growth (%) 3.0 Oct 2024 monthly Jan 1961 - Oct 2024
Imports: Medicament (USD th) 1,071,353.476 2023 yearly 1995 - 2023
Imports: Medicinal and Pharmaceutical Product (USD th) 469,470.056 2023 yearly 1995 - 2023
Total Exports to USA (USD mn) 430.326 Oct 2024 monthly Jul 1981 - Oct 2024
Total Imports from USA (USD mn) 629.216 Oct 2024 monthly Jan 1981 - Oct 2024
Total Exports to China (USD mn) 914.051 Oct 2024 monthly Jul 1981 - Oct 2024
Total Imports from China (USD mn) 790.551 Oct 2024 monthly Jul 1982 - Oct 2024
Exports: fob: SITC: Manufacturing: Goods (NZD mn) 258.405 Oct 2024 monthly Jan 2002 - Oct 2024
Exports: fob: SITC: Mineral Fuels (NZD mn) 80.077 Oct 2024 monthly Jan 2002 - Oct 2024
Exports: fob: SITC: Crude Materials (NZD mn) 639.855 Oct 2024 monthly Jan 2002 - Oct 2024
Exports: fob: SITC: Manufacturing: Machinery & Transport Equipment (NZD mn) 425.812 Oct 2024 monthly Jan 2002 - Oct 2024
Exports: fob: SITC: Food & Live Animals (NZD mn) 3,423.543 Oct 2024 monthly Jan 2002 - Oct 2024
Exports: fob: Australia (NZD mn) 784.447 Oct 2024 monthly Jan 1988 - Oct 2024
Exports: fob: Japan (NZD mn) 308.713 Oct 2024 monthly Jul 1981 - Oct 2024
Exports: fob: China (NZD mn) 1,451.610 Oct 2024 monthly Jul 1981 - Oct 2024
Exports: fob: United Kingdom (NZD mn) 111.276 Oct 2024 monthly Jul 1981 - Oct 2024
Exports: fob: United States (NZD mn) 708.240 Oct 2024 monthly Jul 1981 - Oct 2024
Exports: fob: Australia: sa (NZD mn) 729.379 Oct 2024 monthly Jul 1981 - Oct 2024
Exports: fob: China: sa (NZD mn) 1,504.364 Oct 2024 monthly Jul 1981 - Oct 2024
Export Value Index (2015=100) 130.280 2021 yearly 1995 - 2021
Import Value Index (2015=100) 136.389 2021 yearly 1995 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 132.0 Jun 2024 quarterly Jun 2000 - Jun 2024
Current Account Balance (USD mn) -5,231.7 Mar 2023 quarterly Jun 1971 - Mar 2023
Current Account Balance: % of GDP (%) -6.9 Jun 2024 quarterly Jun 1987 - Jun 2024
Foreign Direct Investment (USD mn) 1,401.3 Jun 2024 quarterly Jun 2000 - Jun 2024
Foreign Direct Investment: % of GDP (%) 2.2 Jun 2024 quarterly Jun 2000 - Jun 2024
Foreign Portfolio Investment (USD mn) 5,164.482 Jun 2024 quarterly Jun 1995 - Jun 2024
Foreign Portfolio Investment: % of GDP (%) 8.2 Jun 2024 quarterly Jun 1995 - Jun 2024
Foreign Portfolio Investment: Equity Securities (USD mn) 837.7 Jun 2024 quarterly Jun 2000 - Jun 2024
Foreign Portfolio Investment: Debt Securities (USD mn) 4,326.737 Jun 2024 quarterly Jun 1995 - Jun 2024
External Debt (USD mn) 226,907.8 Jun 2024 quarterly Mar 1993 - Jun 2024
External Debt: % of GDP (%) 88.0 2023 yearly 1993 - 2023
External Debt: Short Term (USD mn) 78,551.2 Jun 2024 quarterly Jun 2000 - Jun 2024
External Debt: Short Term: % of GDP (%) 29.9 2023 yearly 2000 - 2023
Total Debt: % of GDP (%) 603.1 2022 yearly 2006 - 2022
Forecast: Current Account Balance (USD bn) -11.310 2029 yearly 1980 - 2029
Net International Investment Position (USD mn) -125,141.126 Jun 2024 quarterly Jun 2000 - Jun 2024
Balance of Payment: Financial Account: Liabilities (NZD mn) 7,882.000 Jun 2024 quarterly Jun 2000 - Jun 2024
Balance of Payment: Current Account (NZD mn) -4,826.000 Jun 2024 quarterly Jun 1971 - Jun 2024
Balance of Payment: Financial Account: Assets: Portfolio Investment (NZD mn) 1,110.000 Jun 2024 quarterly Jun 2000 - Jun 2024
Balance of Payment: Capital Account: Debit (NZD mn) 189.000 Jun 2024 quarterly Mar 1997 - Jun 2024
Balance of Payment: Current Account: Services: Credit (NZD mn) 6,954.000 Jun 2024 quarterly Jun 1971 - Jun 2024
Balance of Payment: Financial Account: Assets: Direct Investment (NZD mn) 218.000 Jun 2024 quarterly Jun 2000 - Jun 2024
Balance of Payment: Current Account: Goods (NZD mn) -16.000 Jun 2024 quarterly Jun 1971 - Jun 2024
Balance of Payment: Current Account: Goods: Credit (NZD mn) 19,467.000 Jun 2024 quarterly Jun 1971 - Jun 2024
Balance of Payment: Financial Account: Assets (NZD mn) 4,089.000 Jun 2024 quarterly Jun 2000 - Jun 2024
Balance of Payment: Current Account: Primary Income (NZD mn) -3,770.000 Jun 2024 quarterly Jun 1971 - Jun 2024
Balance of Payment: Financial Account: Liabilities: Portfolio Investment (NZD mn) 8,532.000 Jun 2024 quarterly Jun 2000 - Jun 2024
Balance of Payment: Net Errors and Omissions (NZD mn) 1,172.000 Jun 2024 quarterly Jun 2000 - Jun 2024
Balance of Payment: Current Account: Primary Income: Credit (NZD mn) 3,151.000 Jun 2024 quarterly Jun 1971 - Jun 2024
Balance of Payment: Current Account: Primary Income: Debit (NZD mn) 6,921.000 Jun 2024 quarterly Jun 1971 - Jun 2024
Balance of Payment: Capital Account: Credit (NZD mn) 49.000 Jun 2024 quarterly Jun 1996 - Jun 2024
Balance of Payment: Financial Account: Assets: Other Investment (NZD mn) 2,856.000 Jun 2024 quarterly Jun 2000 - Jun 2024
Balance of Payment: Current Account: Services (NZD mn) -757.000 Jun 2024 quarterly Jun 1971 - Jun 2024
Balance of Payment: Financial Account: Liabilities: Other Investment (NZD mn) -856.000 Jun 2024 quarterly Jun 2000 - Jun 2024
Balance of Payment: Financial Account: Liabilities: Direct Investment (NZD mn) 2,315.000 Jun 2024 quarterly Jun 2000 - Jun 2024
Balance of Payment: Current Account: Goods: Debit (NZD mn) 19,483.000 Jun 2024 quarterly Jun 1971 - Jun 2024
Balance of Payment: Financial Account: Assets: Reserve Assets (NZD mn) 2,843.000 Jun 2024 quarterly Jun 2000 - Jun 2024
Balance of Payment: Capital Account (NZD mn) -140.000 Jun 2024 quarterly Jun 1996 - Jun 2024
Balance of Payment: Current Account: Services: Debit (NZD mn) 7,711.000 Jun 2024 quarterly Jun 1971 - Jun 2024
Balance of Payment: Financial Account (NZD mn) 3,794.000 Jun 2024 quarterly Jun 2000 - Jun 2024
Balance of Payment: Financial Account: Assets: Financial Derivatives (NZD mn) -2,938.000 Jun 2024 quarterly Jun 2000 - Jun 2024
Balance of Payment: Financial Account: Liabilities: Financial Derivatives (NZD mn) -2,108.000 Jun 2024 quarterly Jun 2000 - Jun 2024
BOP: Current Account: Goods & Services (NZD mn) -774.000 Jun 2024 quarterly Jun 1971 - Jun 2024
Balance of Payment: Current Account: sa: GS: Goods (NZD mn) -2,616.000 Jun 2024 quarterly Jun 1971 - Jun 2024
Balance of Payment: Current Account: sa: GS: Goods: Credit (NZD mn) 17,829.000 Jun 2024 quarterly Jun 1971 - Jun 2024
Balance of Payment: Current Account: sa: GS: Services: Debit (NZD mn) 7,920.000 Jun 2024 quarterly Jun 1971 - Jun 2024
Balance of Payment: Current Account: sa: GS: Goods: Debit (NZD mn) 20,445.000 Jun 2024 quarterly Jun 1971 - Jun 2024
Balance of Payment: Current Account: sa: GS: Services: Credit (NZD mn) 7,419.000 Jun 2024 quarterly Jun 1971 - Jun 2024
Balance of Payment: Current Account: sa: GS: Services (NZD mn) -501.000 Jun 2024 quarterly Jun 1971 - Jun 2024
Balance of Payment: Current Account: sa (NZD mn) -7,169.000 Jun 2024 quarterly Jun 1971 - Jun 2024
IIP: Assets (NZD mn) 386,510.000 Jun 2024 quarterly Jun 2000 - Jun 2024
International Investment Position: Liabilities (NZD mn) 591,794.000 Jun 2024 quarterly Jun 2000 - Jun 2024
IIP: Net (NZD mn) -205,284.000 Jun 2024 quarterly Jun 2000 - Jun 2024
External Debt: Net (NZD mn) -149,667.000 Dec 2018 quarterly Jun 2000 - Dec 2018
Direct Investment Abroad: Stock (NZD mn) 29,490.000 2024 yearly 2001 - 2024
Direct Investment Abroad: Stock: Australia (NZD mn) 14,253.000 2024 yearly 2001 - 2024
Direct Investment Abroad: Stock: United Kingdom (NZD mn) 1,090.000 2024 yearly 2001 - 2024
Direct Investment Abroad: Stock: United States of America (NZD mn) 8,983.000 2024 yearly 2001 - 2024
Foreign Direct Investment: Stock (NZD mn) 158,258.000 2024 yearly 2001 - 2024
Foreign Direct Investment: Stock: Australia (NZD mn) 84,615.000 2024 yearly 2001 - 2024
Foreign Direct Investment: Stock: United Kingdom (NZD mn) 6,388.000 2024 yearly 2001 - 2024
Foreign Direct Investment: Stock: United States of America (NZD mn) 9,278.000 2024 yearly 2001 - 2024
Foreign Direct Investment: Stock: Netherlands (NZD mn) 3,880.000 2018 yearly 2001 - 2018
Foreign Direct Investment: Stock: Japan (NZD mn) 5,553.000 2018 yearly 2001 - 2018
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 0.5 Dec 2017 quarterly Mar 1996 - Dec 2017
Household Debt: % of GDP (%) 91.0 Jun 2024 quarterly Dec 1990 - Jun 2024
Money Supply M1 (USD mn) 69,727.867 Oct 2024 monthly Dec 2016 - Oct 2024
Money Supply M2 (USD mn) 249,335.593 Oct 2024 monthly Mar 1988 - Oct 2024
M2 Growth (%) 3.2 Oct 2024 monthly Mar 1989 - Oct 2024
Foreign Exchange Reserves (USD mn) 20,224.0 Oct 2024 monthly Sep 2005 - Oct 2024
Foreign Exchange Reserves: % of GDP (%) 5.764 Jun 2024 quarterly Sep 2005 - Jun 2024
Foreign Exchange Reserves: Months of Import (NA) 4.6 Oct 2024 monthly Sep 2005 - Oct 2024
Gold Reserves (USD mn) 0.000 Nov 2024 monthly Dec 1950 - Nov 2024
Total Deposits (USD mn) 274,155.429 Oct 2024 monthly Dec 2016 - Oct 2024
Total Deposits Growth (%) 3.8 Oct 2024 monthly Dec 2017 - Oct 2024
Domestic Credit (USD mn) 358,277.6 Oct 2024 monthly Mar 1988 - Oct 2024
Domestic Credit Growth (%) 0.7 Oct 2024 monthly Mar 1989 - Oct 2024
Credit to Households (USD bn) 234.071 Dec 2023 quarterly Dec 1990 - Dec 2023
Credit to Private Non-Financial Sector (USD bn) 412.164 Dec 2023 quarterly Mar 1960 - Dec 2023
Household Debt (USD mn) 226,591.5 Oct 2024 monthly Dec 1990 - Oct 2024
Total Loans (USD mn) 338,592.262 Oct 2024 monthly Dec 2016 - Oct 2024
Total Loans Growth (%) 2.53 Oct 2024 monthly Dec 2017 - Oct 2024
Private Debt: % of Nominal GDP (%) 137.41 Jun 2024 quarterly Mar 1988 - Jun 2024
Depository Corp: Money Supply: Broad Money (NZD mn) 418,981.000 Oct 2024 monthly Mar 1988 - Oct 2024
Depository Corp: Money Supply: Broad Money: Narrow Money (NZD mn) 117,170.000 Oct 2024 monthly Dec 2016 - Oct 2024
Depository Corp: Domestic Credit (NZD mn) 602,046.000 Oct 2024 monthly Mar 1988 - Oct 2024
Official Reserve Assets: Foreign Currency Reserves (NZD mn) 25,529.121 Oct 2024 monthly Sep 2005 - Oct 2024
Official Reserve Assets (NZD mn) 39,564.847 Oct 2024 monthly Sep 2005 - Oct 2024
Business and Economic Survey Last Frequency Range
Business Confidence Growth (% Point) -7.4 May 2023 monthly Aug 2003 - May 2023
House Price Inflation: Net Percent Expecting (%) 47.600 Dec 2024 quarterly Mar 2022 - Dec 2024
House Price Inflation: Net Percent Expecting Higher (%) -43.400 Dec 2024 quarterly Mar 2022 - Dec 2024

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