REINZ's September 2026 report describes a measured national market with significant local differences. The national median price was $755,000, down 2.3% year on year, while sales fell 11.6% to 5,752. Properties took a median 46 days to sell, three days longer than a year earlier.
Inventory rose 10.7% to 34,001 properties. The Bay of Plenty median price was $795,000, up 1.9% year on year, while all four South Island House Price Index series rose and all eight North Island series declined. The report highlights why national headlines need to be read alongside regional data.
Source and credit: REINZ, September Property Report, published 14 October 2026 — https://www.reinz.co.nz/Web/Web/News/News-Articles/Market-updates/Measured_national_picture_continues_alongside_strong_regional_results.aspx?name=Measured_national_picture_continues_alongside_strong_regional_results