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.
AI summary
A Trade Me Property survey reveals Kiwi house hunters spend an average of just 28 minutes at an open home when seriously considering a purchase. This equates to a decision worth nearly $30,000 per minute based on the national average asking price.
The survey highlights the emotional journey of buying, with 59% feeling an attachment to a property. Common viewing habits include:
- Checking wardrobes and cupboards (72%)
- Testing water pressure (58%)
- Focusing on cosmetic features
This shows buyers are making huge financial decisions quickly.
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
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