27 House Price Index According to the latest QV house price index, Auckland values have continued to gradually slide, as have Christchurch. Hamilton values have now been more or less flat for several months, having recovered from a dip earlier in the year. Tauranga’s rate of value growth has slowed dramatically, Wellington a little less so, while Dunedin is just starting to show the first signs of slowing. May 2017 Current Value 3 months 12 months Since Peak New Zealand $634,018 0.4% 10% 53% Auckland $1,044,561 0.1% 9% 91% Hamilton $537,152 0.9% 12% 49% Tauranga $683,012 1.3% 15% 42% Wellington $607,907 3.1% 20% 33% Christchurch $495,070 -0.7% 1% 30% Dunedin $373,810 3.9% 15% 31% Average Dwelling Value Source: CoreLogic NZ QV Monthly House Price Index