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New Zealand Rent Price Index / Quarterly (2015=100)
New Zealand
Source: Stats NZ
In most countries the rent price indices are a part of the overall Consumer Price Index (CPI) or Harmonised Indices of Consumer Prices (HICP) calculations, hence an inflation-adjusted value is not provided. The goal of the Rent Price Index is to provide a high-level overview of the trends of rent prices.
New Zealand Rent Price Index, % change 1 yr
Nominal
New Zealand
Source: Stats NZ
Quarterly change in rent prices
Q1 | Q2 | Q3 | Q4 | |
2024 | 1.14% | 1.14% | 0.97% | |
2023 | 1.02% | 1.04% | 1.28% | 1.12% |
2022 | 1.04% | 1.16% | 1.12% | 0.99% |
2021 | 0.88% | 0.83% | 0.84% | 1.20% |
2020 | 1.12% | 0.53% | 0.62% | 0.61% |
2019 | 0.53% | 0.82% | 0.91% | 0.82% |
2018 | 0.56% | 0.65% | 0.53% | 0.63% |
2017 | 0.75% | 0.31% | 0.65% | 0.58% |
2016 | 0.49% | 0.51% | 0.47% | 0.54% |
2015 | 0.63% | 0.57% | 0.61% | 0.66% |
2014 | 0.46% | 0.60% | 0.60% | 0.46% |
2013 | 0.52% | 0.45% | 0.50% | 0.57% |
2012 | 0.73% | 0.53% | 0.61% | 0.53% |
2011 | 0.49% | 0.52% | 0.46% | 0.53% |
2010 | 0.35% | 0.43% | 0.47% | 0.34% |
2009 | 0.15% | 0.28% | 0.17% | 0.42% |
2008 | 1.01% | 0.69% | 0.72% | 0.52% |
2007 | 0.83% | 0.63% | 0.71% | 0.66% |
2006 | 0.23% | 1.06% | 0.23% | 0.89% |
2005 | 0.68% | 0.56% | 0.82% | 0.42% |
2004 | 1.33% | 0.55% | 0.42% | 0.62% |
2003 | 0.91% | 1.02% | 0.59% | 0.67% |
2002 | 1.05% | 0.67% | 0.24% | 0.87% |
2001 | -8.75% | -0.01% | -0.88% | 0.55% |
2000 | 0.74% | 0.10% | -1.08% | 0.08% |
1999 | -0.51% | 0.35% | -0.45% | 0.19% |
1998 | 0.66% | 0.47% | -0.65% | -0.72% |
1997 | 0.58% | 0.66% | 1.17% | 1.43% |
1996 | 1.56% | 1.24% | 0.26% | 0.85% |
1995 | 1.83% | 0.72% | 1.35% | 1.36% |
1994 | 1.32% | 1.74% | 2.60% | 1.68% |
1993 | 0.61% | 1.65% | 1.82% | 1.39% |
1992 | -0.15% | 0.06% | -0.15% | 0.83% |
1991 | 0.84% | -0.11% | -0.27% | -0.13% |
1990 | 2.84% | 1.26% | 0.80% |
This table shows the nominal change in rent prices during a single quarter.
Yearly change in rent prices
Year | Nominal Change |
2023 | 4.53% |
2022 | 4.38% |
2021 | 3.81% |
2020 | 2.91% |
2019 | 3.11% |
2018 | 2.38% |
2017 | 2.31% |
2016 | 2.02% |
2015 | 2.49% |
2014 | 2.13% |
2013 | 2.06% |
2012 | 2.42% |
2011 | 2.01% |
2010 | 1.60% |
2009 | 1.02% |
2008 | 2.98% |
2007 | 2.86% |
2006 | 2.43% |
2005 | 2.51% |
2004 | 2.95% |
2003 | 3.23% |
2002 | 2.86% |
2001 | -9.06% |
2000 | -0.18% |
1999 | -0.42% |
1998 | -0.25% |
1997 | 3.89% |
1996 | 3.96% |
1995 | 5.37% |
1994 | 7.55% |
1993 | 5.58% |
1992 | 0.60% |
1991 | 0.32% |
The yearly changes table compares the index values from the most recent quarter or month of a given year with the corresponding quarter or month from the previous year. This provides an assessment of how house prices have changed over that year.