REINZ Housing Data April 2026

The New Zealand housing market cooled in April 2026, with the REINZ House Price Index dropping 0.4% and sales volumes falling 6.6% as high mortgage rates dampen demand.

Key Takeaways

• 1.The New Zealand housing market is experiencing a clear slowdown, with the REINZ House Price Index falling 0.4% month-on-month in April.
• 2.Sales volumes declined significantly by 6.6% month-on-month, falling below historical averages due to rising mortgage rates and economic uncertainty.
• 3.The cooling trend is broad-based across North Island regions like Auckland and Wellington, while the South Island remains relatively stronger.

Table of Contents

• Data summary
• Slowing down
• Key points
• The housing market in charts
• Meet the team
• Important Notice

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