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 Kiwi house hunters spend an average of just 28 minutes at an open home before making a decision. This equates to a staggering $29,630 per minute based on the national average asking price.

The survey highlights the emotional nature of buying, with 59% forming an emotional attachment. Common viewing habits include:

- Checking wardrobes and cupboards

- Testing water pressure

- Looking in bathroom cabinets

Many buyers also focus on cosmetic features that can be easily changed.

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