State of the Nation 2024

Last updated: 2 April 2024

Look inside the hearts and minds of Kiwi buyers and sellers, and the future of property in NZ.

Foreword: Insights to guide you in the year ahead

An economic overview: The road ahead for Aotearoa

What’s on the mind of the nation? The impact of the everyday economy

A shift in priorities and behaviours

The 2024 buyer mindset

Affordability is key - and buyers are willing to compromise

What does this mean for the market?

Buyer intentions and motivations

A Double Click on Age Demographics

Biggest concerns about buying

The 2024 seller mindset

Intent to sell in the next 12 months (by age group)

The push/pull of selling

The future of property in NZ

Main centres vs provinces: The pricing gaps have narrowed

Renters-to-buyers are a window of opportunity

What the next 12 months will look like from a mortgages perspective