July 2026: REINZ figures for June 2026 show the market is relatively steady, with national conditions remaining cautious while regional differences continue to shape the overall picture. The national median sale price was broadly unchanged year-on-year at $770,000 (+0.7% compared with June 2025).

Regionally, the South Island continued to outperform, with Canterbury recording one of its strongest June sales results on record and Southland continuing to lead the country for annual House Price Index growth.

The West Coast recorded a median price of $474,350, up 12.9% year-on-year. The region's strong median price growth reflected continued activity from buyers looking to move up the property ladder, while vendors generally met the market on price despite a more measured winter market. 

Canterbury's median price was $710,000, up 5.2% year-on-year. The region's strong median price growth was supported by a strong local economy, ongoing regional investment, and broad-based buyer demand, with salespeople reporting activity across all buyer groups. Other notable median prices were Bay of Plenty, up 3.8% to $830,000 and Tasman, up 3.5% to $765,000.

REINZ members reported that buyers remained selective, taking time to compare properties and assess affordability before making decisions.

See the REINZ maps below.

How much does it cost to sell a house?

HOW LONG DOES IT TAKE TO SELL A PROPERTY?

National median Days to Sell in June was 48 days, one day faster then June 2025.

Using an agent vetted by Agent Finder NZ is proven to reduce the number of days it takes to sell a property. 

COMPARE REAL ESTATE AGENTS AND AGENCIES BEFORE SIGNING AGENCY AGREEMENT

While on the upturn, current market conditions continue to amplify the importance of choosing a highly competent real estate agent with strong negotiation skills, rather than settling for an average one.

If contemplating selling a residential property, a farm or lifestyle block and wanting assurance that your real estate agent has been proven competent, request a list of vetted real estate agents - it's a free service for New Zealand vendors selling all property types.

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Get in touch or call 0800 789 532 or find out more first - we're here to help

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These charts are best viewed on desktop, tablet or laptop. Continue scrolling to compare month by month changes.

 

 

 

 

 

 

Page updated July, 2026.

Agent Finder NZ Awards:

Independent Real Estate Advisor of the Year 2023 (Property Institute of NZ)
Best Estate Agent Vetting Service New Zealand 2018 (APAC)
Most Reputable Property Advice Hub NZ 2020 for Wise Up NZ (APAC)
Best Property Advice Hub - New Zealand 2021 (APAC)
Best Independent Real Estate Advisors New Zealand 2022 - BUILD Real Estate & Property Awards (International)