Are Kiwis moving house more often than ever?
New data suggests the ‘forever home’ may be a thing of the past, with the ‘seven-year itch’ now closer to five.
The concept of the ‘forever home’ appears to be fading in NZ, with new data from realestate.co.nz revealing that Kiwis now hold onto their homes for an average of just five and a half years before selling.
"People move for many reasons—employment opportunities, the desire for more space, the need to accommodate aging parents, or even downsizing after the kids have left. This frequent movement is likely a reflection of changing lifestyle needs and opportunities across NZ,” says Vanessa Williams, realestate.co.nz spokesperson.
The regions where property moved more quickly than the national average were Waikato, Nelson and Bays, and Bay of Plenty, where the average time between sales was five years and four months.
But what about the financial gains? Does it pay to stay, or should you go?
“Holding for longer can sometimes mean bigger gains, but many factors can impact this, including market conditions, economic factors, legislative changes, your region, and demand in your area," says Williams.
Ultimately, you should buy based on your personal circumstances, rather than trying to predict what the market might do.
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Poll: Do you set New Year’s resolutions?
🎉 2026 is almost here!
We’re curious ... how do you welcome it?
Do you set resolutions, follow special traditions, or just go with the flow?
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10.3% Yes! New Year, New Me
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20.1% Yes - but I rarely stick to them
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69.6% Nah - not for me
Possessions sold as one lot
Morning everyone 😊
I am wanting to sell our mother's possessions as one lot and not individually; ive heard there are people who do this. .
Does anyone know of someone or where I might start?
Shame on You!
This is what greeted workers at Brookfield Sallies yesterday morning. All of it looks like it should have gone straight to the tip, which is what the Sallies will now have to pay to do. Surely whoever does this has no conscience. The Sallies do an amazing job of helping people in times of need and they don't need to be spending any money they receive on doing your dirty work, especially at this time of year.
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