Feature article

Kiwi house hunters making a near $30,000 a minute decision

A new survey from Trade Me Property's revealed some surprising open home behaviours of Kiwi house hunters.

Gavin Lloyd
Last updated: 18 July 2025 | 2 min read
AI

AI summary

A Trade Me Property survey reveals Kiwis spend an average of just 28 minutes at an open home before buying. With the average asking price at $829,650, this equates to a decision worth nearly $30,000 per minute.

The survey also highlights the emotional journey of buying, with 59% feeling attached to a property. Common viewing habits include checking:

- Wardrobes (72%)

- Cupboards (69%)

- Water pressure (58%)

Many buyers also focus on easily changed cosmetic features.

The average open home time and what it costs

The emotional rollercoaster of buying a home in NZ

What are Kiwi buyers looking at during viewings?

Author

Gavin Lloyd Gavin Lloyd
Customer Director - Trade Me Property