A. Demography and Macroeconomy
A.1 Population
| Variable | End of 2016 | End of 2015 | End of 2014 | Sources | Var ID |
|---|---|---|---|---|---|
| Total population | 4.71 million | 4.61 million | 4.52 million | WDI | A.1.1 |
| Total number of households | 1.34 million | NZ Stat | A.1.2 | ||
| Average household size | 3.32 | WDI and NZ Statistics | A.1.3 | ||
| Urban population (% of total) | 86.4% of total | 86.34% of total | 86.28% of total | WDI | A.1.4 |
| Urban population growth (annual %) | 2.31% | 2.11% | 1.73% | WDI | A.1.5 |
A.2 Economy
| Variable | End of 2016 | End of 2015 | End of 2014 | Sources | Var ID |
|---|---|---|---|---|---|
| GDP, current prices (U.S. dollars) | 185,898 USD (millions) | 176,213 USD (millions) | 200,159 USD (millions) | WEO | A.2.1 |
| GDP based on PPP valuation of country GDP (Current international dollar) | 185,142 USD (millions) | 170,546 USD (millions) | 167,215 USD (millions) | WEO | A.2.2 |
| GDP per capita, current prices (U.S. dollars) | 39,414.45 USD | 38,200.04 USD | 44,285.97 USD | WEO | A.2.3 |
| GDP based on PPP per capita GDP (Current international dollar) | 39,254.06 USD | 36,971.51 USD | 36,996.97 USD | WEO | A.2.4 |
| GDP, constant prices (Percent change) | 3.88% | 3.69% | 3.75% | WEO | A.2.5 |
| Inflation, end of period consumer prices (Percent change) | 1.34% | .08% | .76% | WEO | A.2.6 |
| GDP, deflator (Index) | 113.63 | 111.36 | 110.55 | WEO | A.2.7 |
| Consumer price index | 108.64 | 107.94 | 107.63 | WDI | A.2.8 |
| GINI Index | 36.17 | WDI | A.2.9 | ||
| Median national annual household income | 55,394.44 USD | 50,504.11 USD | 56,062.5 USD | NZ Statistics | A.2.10 |
| Median urban annual household income | 60,738.89 USD/year | 54,635.62 USD/year | 59,271.88 USD/year | NZ Statistics | A.2.11 |
| Growth in urban household income (%/year) | A.2.13 | ||||
| Employment (% of total laborforce) | A.2.14 | ||||
| Self-employed | 18% | 14.85% | 15.29% | WDI | A.2.14.1 |
| Unemployed | 5.15% | 5.42% | 5.43% | WDI | A.2.14.3 |
| Interest Rates: | A.2.15 | ||||
| Central bank lending/discount rate | 6.18% | IFS | A.2.15.1 | ||
| Yield on 3 months treasury bills | 2.04% | 2.99% | 3.24% | IFS | A.2.15.2 |
| Yield on 10-year Government bond | 2.26% | 3.01% | 4.02% | IFS | A.2.15.3 |
| Average bank deposit rate | 3.23% | 3.73% | 4.01% | IFS | A.2.15.4 |
| Lending rate | 5.02% | 5.76% | 5.8% | IFS | A.2.15.5 |
B. Housing Market
B.1 Housing Stock: Production, Transactions
| Variable | End of 2016 | End of 2015 | End of 2014 | Sources | Var ID |
|---|---|---|---|---|---|
| Number of dwelling units: | B.1.1 | ||||
| Total | 1.83 million | 1.79 million | 1.78 million | SNZ | B.1.1.1 |
| Percentage of vacant units | 10% of total | NZ Statistics | B.1.2 | ||
| Characteristics of housing stock: | B.1.3 | ||||
| Tenure in urban areas (%): | B.1.4 | ||||
| Owner-occupied units | 63.18% of total | 63.59% of total | 64.01% of total | SNZ | B.1.4.1 |
| Private rental units | 33.08% of total | 32.67% of total | 32.26% of total | SNZ | B.1.4.3 |
| Public / social rental units | 3.75% of total | 3.75% of total | 3.74% of total | SNZ | B.1.4.4 |
| Estimated Number of units completed/year | B.1.5 | ||||
| Number of recorded urban housing transactions/year | 90432 | 90449 | 74537 | Queenstown Property | B.1.6 |
B.2 Housing Prices and Cost for Urban Areas or Capital City
| Variable | End of 2016 | End of 2015 | End of 2014 | Sources | Var ID |
|---|---|---|---|---|---|
| Median urban house price in USD: | B.2.1 | ||||
| New housing | 495,600 USD | 457,900 USD | 428,200 USD | Queenstown Property | B.2.1.1 |
| Median house price to median annual HH income: | B.2.2 | ||||
| Urban | 8.16 | 8.38 | 7.22 | NZ Statistics, Queenstown Property | B.2.2.1 |
| Annual average % change in median house prices: | B.2.3 | ||||
| Yearly Rate | 8% | 7% | 8% | Queenstown Property | B.2.3.1 |
| M2 construction cost for median quality house | B.2.4 | ||||
| National | 1,567.8 USD/sq.mt | Building Guide of New Zealand | B.2.4.1 | ||