{
  "query": {
    "country": "NZ",
    "place": "New Zealand"
  },
  "status": "ok",
  "price": {
    "currency": "NZD",
    "unit": "per week",
    "value": 595,
    "measure": "median",
    "median": 595,
    "typical_low": 500,
    "typical_high": 700,
    "min": null,
    "max": null
  },
  "sample_size": 13062,
  "period": {
    "from": "2026-08-01",
    "to": "2026-08-31"
  },
  "confidence": "high",
  "price_type": "transaction",
  "as_of": "2026-10-14T21:16:07.219Z",
  "source": {
    "id": "nz-mbie-rents",
    "name": "Rental bond data (monthly, by territorial authority and region)",
    "publisher": "Ministry of Business, Innovation and Employment (MBIE), Tenancy Services, New Zealand",
    "licence": "MBIE Tenancy Services, Rental bond data, \"Using data under Creative Commons\": \"We're making this raw data available under a Creative Commons licence. This means you can use the data free of charge to perform your own analysis, as long as you credit us ('The Ministry of Business, Innovation and Employment') as the source of the data. This work is licensed under a Creative Commons Attribution 3.0 New Zealand License.\"",
    "licence_url": "https://creativecommons.org/licenses/by/3.0/nz/",
    "attribution": "Source: The Ministry of Business, Innovation and Employment (MBIE), Tenancy Services, Rental bond data. Licensed under a Creative Commons Attribution 3.0 New Zealand License. Figures are passed on as published; changes on the year are own calculations by ProofPrice.",
    "url": "https://www.tenancy.govt.nz/about-tenancy-services/data-and-statistics/rental-bond-data/"
  },
  "method": "New Zealand rents: the median weekly rent, with the published lower and upper quartile, of new private-sector tenancies whose rental bond was lodged in the latest month MBIE Tenancy Services has published, for a territorial authority or region (or the whole country). The count is the number of bonds lodged (randomly rounded to base 3). The range is the quartiles, not the 10th–90th percentile.",
  "method_url": "https://proofprice.com/method",
  "summary": "The median weekly rent on new private tenancies in New Zealand was NZ$595 in August 2026, with the middle half of rents between NZ$500 (lower quartile) and NZ$700 (upper quartile); the median is up 0.8% on August 2025 (NZ$590). Based on 13062 records from Ministry of Business, Innovation and Employment (MBIE), Tenancy Services, New Zealand (2026-08-01 to 2026-08-31). Confidence: high. Quartile range, not 10th–90th. MBIE flags this data as provisional while its bond system migrates.",
  "notice": "Information, not a valuation or offer. Ranges describe past recorded prices.",
  "extra": {
    "month": "2026-08",
    "place_kind": "country",
    "range_basis": "lower and upper quartile (25th–75th percentile), as published",
    "geometric_mean_rent": 575,
    "median_a_year_earlier": {
      "month": "2025-08",
      "median": 590,
      "change_percent": 0.8
    },
    "bond_counts_rounded_to": 3
  },
  "answer_id": "ans_50bc81bb862c80e7bc6c",
  "method_version": "1",
  "retrieved_at": "2026-10-14T21:16:07.219Z",
  "evidence": {
    "type": "transaction",
    "label": "Recorded sale prices",
    "meaning": "Prices recorded in official records of completed sales: they show what others paid, not what a particular item is worth or what is on offer now."
  }
}