New Zealand
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Price/Rent Ratio - Rent Years to Buy 120 Sq.M. Property - New Zealand Compared to Continent
| New Zealand |
18 yrs
|
| Australia |
17 yrs
|
| Vanuatu |
14 yrs
|
| Guam |
8 yrs
|
| Fr. Polynesia |
7 yrs
|
New Zealand: Price/rent ratio
This ratio is typically used for measuring undervaluation/overvaluation of real estate prices, calculated by dividing the gross rental yield by 100 – so the higher the yield, the lower the price/rent ratio.
When wereas theise data collected? Click on individual countries to see the data collection date.
New Zealand has a quarterly house price index, available from the Reserve Bank of New Zealand. Monthly median house prices are published by the Real Estate Institute of New Zealand (REINZ), which also publishes residential market news. Rental market data are freely available from the Massey University Real Estate Analysis Unit.
General economics statistics are from the Reserve Bank of New Zealand.
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