Nationwide residential property values for October have increased 5.9%, but growth is slow.

Values were up 1.1% percent over the last three months - the slowest rate since October 2012.

The Auckland market has increased 9.2% year on year, while values are falling in Dunedin.

Home values in the city overall are down 0.2% for the last three months.

But they're 1.2% higher than in October last year.

Taieri values have bucked the downward trend, to increase 0.9%.

And they're up 1.9% year on year.