An overview of the Auckland economy for August 2025, in charts and graphs and with some commentary.

Measures covered: house prices and numbers sold, weekly rents, building consents, employment and unemployment, GDP, business and consumer confidence, retail sales, imports.

Highlights include:

• median house price for the month of June 2025 was $990,000 (in real* dollars: similar to the last several months; similar to ten years ago (2015); 6% lower than a year ago; 36% below the 2021 peak);
• number of houses sold for the year ended June 2025 was 23,506: rising continuously for nine months, 28% above the May 2023 trough; similar to 2017-2020; but 35% below the July 2021 peak;
• average weekly rent for the month of May 2025 was $676 (in real* dollars: similar or below the last three years; similar to nine years ago; below 2016 to mid-2022). For the rest of New Zealand, the figure was $572: a 4% real fall since May 2024; similar to May 2021; 1% annual average increase in the last five years;
• number of new dwellings consented in the year ended June 2025 was 14,295: 3% above May; slightly above all the previous 12 months; 35% below the September 2022 peak; 6% below the 2019 pre-Covid peak;
• real* value of new non-residential buildings consented in the year ended June 2025 was $2,357 million: similar to the previous 4 months; 16% below a year ago; similar to the 2020 trough and among the lowest since 2016; 32% below the 2022 peak;
• real* value of imports by Auckland seaports for the year ended June 2025 was $30.7 billion, similar to the last several months, still 9% below April 2023, but 17% higher than the 2020 Covid trough. For the rest of New Zealand, the figure was $31.1 billion: similar to the last several months, 21% above late 2020, and 25% lower than their 2023 post-Covid rebound peak.

*Note: real dollars/values are after adjusting for the effects of inflation each quarter, so a similar ‘real’ level means that a value rose at a similar rate to inflation.

August 2025

Previous updates. 

February

March 

April

May

June

July

2024

December