State of the Nation report | 2024

Trade Me’s latest State of the Nation report looks into the attitudes of Aotearoa buyers and sellers and the future of the housing market.

What we’re seeing:

Buying:

• 40% of Kiwi are willing to compromise on the size of a property
• 30% of people believe it’s important that a property they purchase has a home office space
• 28% of respondents intend to purchase this year; up 6% on last year.

Selling:

• 35-44 year olds are the most impacted by rising mortgage rates
• 23% of homeowners plan on selling in the next year
• Almost 1 in 3 looking to sell are wanting to relocate.