Poll: Do you think rising house prices in Auckland will hit a limit?
Auckland houses are less affordable than those in all but three other cities from eight countries surveyed for the 2021 Demographia international housing affordability report.
It’s now more affordable to buy a house in San Francisco or London than in Auckland. A new report has ranked the Super City as the fourth least affordable housing market in the world.
The 2021 annual Demographia international housing affordability report, which is a scaled down version of previous years’ reports, looks at housing affordability in Australia, Canada, Hong Kong, Ireland, New Zealand, Singapore, UK and the US.
It ranks 92 major housing markets – with populations of more than one million – in eight countries based on the median multiple, which measures median house price divided by gross median household income.
According to the report, Auckland now has a “median multiple” of 10.0. That’s up from 8.6 last year when it was the equal sixth most unaffordable market with Toronto, and from 6.4 in 2010, just a decade ago.
Regions with house prices more than three times the median regional income are considered unaffordable, so Auckland’s median multiple makes it severely unaffordable.
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25.4% Yes
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51.6% No
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23% Unsure- it's too complex
Poll: Do you set New Year’s resolutions?
🎉 2026 is almost here!
We’re curious ... how do you welcome it?
Do you set resolutions, follow special traditions, or just go with the flow?
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10.4% Yes! New Year, New Me
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20.9% Yes - but I rarely stick to them
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68.7% Nah - not for me
We are open NEW YEARS EVE AND NEW YEARS DAY!!!
Hello Neighbours,
Yes, you read that right, we are open on New Year’s Eve, Wednesday 31st December 2025. And New Year’s Day Thursday 1st January 2026at our normal trading hours of 9am to 5pm.
Hope to see you all then.
NZ FAMILY SUMMER 👒
Hello Neighbours,
From beachy summer outfits, to holiday must haves like bags, sunglasses, jewellery. Come on by and see what we have in store.
See you all then, and have great day.
Panmure team.
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