New Zealand home values fall 1.5 pct in Q3

NAMPA / Xinhua

2026-10-12

WELLINGTON, Oct. 12 (Xinhua) -- New Zealand's residential property values fell by an average of 1.5 percent in the three months to the end of September, according to property valuation company Quotable Value (QV). The decline eased slightly from 1.9 percent in the previous monthly report, while the average home value stood at 892,580 NZ dollars (500,594.57 U.S. dollars), down 1.9 percent since the start of 2026 and 0.9 percent year on year, th......

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