The CoreLogic Hedonic Home Value Index improves how changes in the value of residential real estate in New Zealand are measured and understood.
Drawing on one of the most comprehensive property databases in New Zealand and computed using advanced global index construction techniques, our hedonic modelling distinguishes itself through the depth of our historical data, offering an unparalleled understanding of property in the industry.
Typically, indices are reliable for measuring the property market where centralised valuations are available. Hedonic indices, which require detailed property data, offer an advanced approach but are complex and costly to manage. CoreLogic's strength lies in its extensive data, enabling effective implementation of these advanced hedonic indices.
The Hedonic Home Value Index is:
- Available as a weekly or monthly series.
- Based on historical data back to 2018.
- A timely measure based on unconditional agreed sales (not settlements).
- Produced across properties in New Zealand, including houses, flats/townhouses, apartments and lifestyle properties.
- Geographically rich; covering national, major cities and territorial authorities to the more granular postcode and suburb level geographies.
This comprehensive view offers valuable insights into market dynamics across various sectors, empowering informed decision-making for industry professionals.
Contact us
For more information on how our research team can help you call 0800 355 355 or enquire with us and one of our consultants will contact you.
