27 House Price Index According to the latest QV house price index, Auckland has continued to gradually drop in value. There has been a clear slowdown in Tauranga while the dip in Hamilton values was short- lived and in the latest month values rebounded. Christchurch values have also dipped a little, while in Wellington and Dunedin values appear to be increasing at the same pace as they have for the past six months. April 2017 Current Value 3 months 12 months Since Peak New Zealand $631,147 0.0% 11% 52% Auckland $1,043,830 -0.4% 11% 91% Hamilton $538,832 1.4% 14% 49% Tauranga $678,643 0.9% 18% 41% Wellington $602,230 3.4% 21% 32% Christchurch $495,855 -0.3% 1% 31% Dunedin $371,739 3.5% 17% 30% Average Dwelling Value Source: CoreLogic NZ QV Monthly House Price Index