Tracking the housing market: The key numbers

April 14, 2023
Mortgage rates

Data on all aspects of the property market is released regularly, from house prices to interest rates. Here we list the key figures so you don’t have to go searching. These charts will be updated each time new data is released.

House prices

House prices rise and fall based on a number of economic factors, including mortgage rates and inflation. Reinz releases median house price data each month, for all of New Zealand and for individual regions, with Auckland’s large market a particular focus.

The OCR

This is the official cash rate, set by the Reserve Bank of New Zealand, and it has a knock-on effect for the saving and borrowing rates set by the retail banks. It's reviewed seven times a year.

Mortgage rates

The OCR affects the rates banks charge to mortgage holders. The banks may adjust both their floating and fixed rates at any time.

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