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 surprising open home habits among Kiwi buyers. Those seriously considering a property spend an average of just 28 minutes at a viewing, making it a decision worth nearly $29,630 per minute based on the average national asking price.
The home buying journey is also highly emotional, with 59% of buyers feeling an attachment to a property. Common viewing behaviours include:
- Checking wardrobes and cupboards
- Testing water pressure
- Focusing on cosmetic features
This highlights the rapid yet thorough process buyers undertake.
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?
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