Global Property Guide

Financial Information for the Residential Property Buyer


Ec. Freedom 5 Years - New Zealand Compared to Pacific

Footnote | Export Sort: Alphabetically | Ascending Rank | Descending Rank

Click name of country for detailed information
Vanuatu 19.07%
Solomon Is. 19.06%
Fiji 10.63%
Tonga 10.55%
Kiribati 8.44%
Micronesia 6.78%
New Zealand 2.00%
Australia -2.51%
Samoa -3.55%
PNG -5.38%
 

New Zealand: Economic freedom index, 5-year change

Increased economic freedom is strongly associated with high GDP growth, and therefore with rises in residential property prices. Changes in a countrys score on the Heritage Foundations freedom index are calculated by the Global Property Guide to produce a 5-point rating:

  • Greatly Improved
  • Improved
  • Nuetral
  • Worse
  • Much Worse


Source: Calculated using figures from The Heritage Foundation and the Wall Street Journal


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.