New Zealand
Property Industry
Impact Report 2024
The Power of Property
In early 2024, Property Council commissioned Urban Economics to investigate the economic impact of the New Zealand property industry.
The report analyses the property industry’s economic contribution, size, value, and employment numbers, both nationally and in the main regions. The results were startling; in the decade from 2012 to 2022, the property industry’s direct contribution to GDP has soared to $50.2 billion, marking a remarkable increase of $25.4 billion since 2012.
This impressive figure now accounts for 15% of the country’s total GDP.
Far from being an isolated blip on the charts, the true power of property deepens as we look more closely at the findings…
(If you’re in a hurry, take a leap to download the report immediately).
Regional Results
Please click a report to download the PDF.
Our Campaign
Keep an eye on our social media channels as we share the facts about the #powerofproperty and join the campaign by liking, sharing, and commenting on our posts. Please click to view the video.
Previous Reports
Property Industry Impact Report 2021
The 2021 Property Industry Impact Report was prepared in conjunction with Urban Economics and formed the benchmark for our current recurring report.
Regional Reports
Economic Significance Report 2016
The 2016 Economic Significance of the Property Industry to the New Zealand Economy report, prepared for Property Council New Zealand by Urban Economics, was a slightly simplified version of the 2021 report, again based on analysis of the property industry’s economic contribution, size, value, and employment numbers.