- Half a million New Zealanders plan to buy or sell a property in the next 12 months
• Buyers expect to pay an average of $524,671 for a property
• Trade Me Property has highest overall brand rating in the market
Almost all the people in the New Zealand property market are buyers (95%), with a high proportion of this group (38%) being first time home buyers (up from 34% in 2015). Over three quarters of market buyers are looking to purchase their primary residence (77%). Seventeen percent are buying for investment purposes –down from 19% in 2015.
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