Average House Value Seven Times Average Household Income

Since 2005, the house value to income multiple in New Zealand reached a maximum (least affordable) of 8.8 in 2022 and a minimum (most affordable) of 4.9 in 2012.

5.1
5.4
5.7
5.4
4.9
5.2
4.9
4.9
5.2
5.4
5.7
6.1
6.7
6.7
6.5
6.7
7.9
8.8
7.3
7
Chart: OneRoof.co.nzSource: infometrics.co.nzGet the dataCreated with Datawrapper