House prices relative to incomes: NZ and other countries: data and downloads
New Zealand was 100.5 index in Mar 2026 qtr, down 3.9% on a year earlier.
Updated
Source: OECD. Last retrieved 10 October 2026.
New Zealand was 100.5 index in Mar 2026 qtr, down 3.9% on a year earlier.
Updated
Source: OECD. Last retrieved 10 October 2026.
In Mar 2026 qtr, the latest period all 6 comparison countries have.
In Mar 2026 qtr, the latest period all 6 comparison countries have.
| Period | New Zealand (index) | Australia (index) | United Kingdom (index) | Canada (index) | United States (index) | OECD (index) |
|---|---|---|---|---|---|---|
| Mar 2026 qtr | 100.5 | 124.9 | 104.2 | 125.7 | 124.3 | 113.6 |
| Dec 2025 qtr | 101.3 | 121.5 | 103.6 | 128.0 | 125.7 | 114.1 |
| Sep 2025 qtr | 103.1 | 121.0 | 104.2 | 128.7 | 125.6 | 113.9 |
| Jun 2025 qtr | 104.1 | 119.2 | 103.0 | 131.4 | 126.2 | 114.0 |
| Mar 2025 qtr | 104.6 | 117.8 | 104.6 | 134.7 | 127.6 | 114.4 |
| Dec 2024 qtr | 106.5 | 119.3 | 103.8 | 135.3 | 127.9 | 114.1 |
| Sep 2024 qtr | 107.7 | 120.0 | 105.0 | 134.7 | 127.5 | 113.7 |
| Jun 2024 qtr | 110.0 | 121.2 | 106.3 | 136.9 | 126.9 | 113.9 |
| Mar 2024 qtr | 111.9 | 120.1 | 106.7 | 137.8 | 126.7 | 114.0 |
| Dec 2023 qtr | 111.8 | 118.4 | 109.6 | 138.4 | 127.4 | 114.9 |
| Sep 2023 qtr | 113.6 | 118.6 | 110.1 | 139.5 | 127.6 | 115.4 |
| Jun 2023 qtr | 114.2 | 116.8 | 110.3 | 136.6 | 126.2 | 115.1 |
| Mar 2023 qtr | 115.8 | 115.2 | 114.0 | 137.3 | 125.7 | 116.0 |
| Dec 2022 qtr | 120.5 | 113.8 | 115.7 | 138.3 | 129.3 | 118.5 |
| Sep 2022 qtr | 126.8 | 112.7 | 119.8 | 145.4 | 131.1 | 121.2 |
| Jun 2022 qtr | 134.0 | 117.7 | 119.8 | 151.2 | 134.2 | 123.5 |
| Mar 2022 qtr | 139.4 | 119.5 | 118.2 | 147.2 | 131.4 | 122.4 |
| Dec 2021 qtr | 142.9 | 119.1 | 115.4 | 143.3 | 124.2 | 119.3 |
| Sep 2021 qtr | 138.7 | 112.7 | 112.5 | 136.3 | 120.3 | 117.1 |
| Jun 2021 qtr | 134.1 | 112.5 | 112.9 | 132.5 | 115.5 | 114.2 |
| Country | Value (index) in Mar 2026 qtr |
|---|---|
| New Zealand | 100.5 |
| Australia | 124.9 |
| Canada | 125.7 |
| OECD | 113.6 |
| United Kingdom | 104.2 |
| United States | 124.3 |
Lines break at accounting-basis changes and missing periods. Source: OECD.
The OECD's price-to-income ratio: nominal house prices divided by nominal disposable income per person, as an index (2015 = 100), quarterly from 1990. Rising values mean houses are getting less affordable relative to incomes.
These affect how the figures can be compared.
The latest ten periods for up to the first six series. Downloads contain every published observation.
| Period | New Zealand | Australia | United Kingdom | Canada | United States | OECD |
|---|---|---|---|---|---|---|
| Jun 2026 qtr | Not available | Not available | 103.5 index | 120.9 index | 123.4 index | 112.8 index |
| Mar 2026 qtr | 100.5 index | 124.9 index | 104.2 index | 125.7 index | 124.3 index | 113.6 index |
| Dec 2025 qtr | 101.3 index | 121.5 index | 103.6 index | 128.0 index | 125.7 index | 114.1 index |
| Sep 2025 qtr | 103.1 index | 121.0 index | 104.2 index | 128.7 index | 125.6 index | 113.9 index |
| Jun 2025 qtr | 104.1 index | 119.2 index | 103.0 index | 131.4 index | 126.2 index | 114.0 index |
| Mar 2025 qtr | 104.6 index | 117.8 index | 104.6 index | 134.7 index | 127.6 index | 114.4 index |
| Dec 2024 qtr | 106.5 index | 119.3 index | 103.8 index | 135.3 index | 127.9 index | 114.1 index |
| Sep 2024 qtr | 107.7 index | 120.0 index | 105.0 index | 134.7 index | 127.5 index | 113.7 index |
| Jun 2024 qtr | 110.0 index | 121.2 index | 106.3 index | 136.9 index | 126.9 index | 113.9 index |
| Mar 2024 qtr | 111.9 index | 120.1 index | 106.7 index | 137.8 index | 126.7 index | 114.0 index |
Download the file, attach it in the assistant you use, then paste the prompt. Whatever it tells you is its reading of the data, not ours.
The attached CSV is House prices relative to incomes: NZ and other countries (house-price-to-income-international), from OECD, Analytical house prices indicators. Describe how each measure has changed, naming its unit and period. Treat changes in basis and missing periods as breaks. Distinguish observation from explanation. Limitations: An index of change since 2015 within each country, not a cross-country comparison of affordability levels. Uses average household disposable income per person, not the income of first-home buyers.. Do not infer causation from changes during government terms.
Explore related datasets or return to the theme hub.
The source publication, licence and snapshot used to build this page.