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.
📱Contact me for all of your real estate questions. My advice is given freely with no obligation.
Live Q&A: Garden maintenance with Crewcut
This Wednesday, we are having another Neighbourly Q&A session. This time with John Bracewell from Crewcut.
John Bracewell, former Black Caps coach turned Franchisee Development Manager and currently the face of Crewcut’s #Movember campaign, knows a thing or two about keeping the grass looking sharp—whether it’s on a cricket pitch or in your backyard!
As a seasoned Crewcut franchisee, John is excited to answer your lawn and gardening questions. After years of perfecting the greens on the field, he's ready to share tips on how to knock your garden out of the park. Let's just say he’s as passionate about lush lawns as he is about a good game of cricket!
John is happy to answer questions about lawn mowing, tree/hedge trimming, tidying your garden, ride on mowing, you name it! He'll be online on Wednesday, 27th of November to answer them all.
Share your question below now ⬇️
Is your technology driving you mad?
Are you having computer, Wi-Fi or general IT related issues? are you fed up with things not working when they should? are you looking for affordable, friendly and local IT and technology support?
If so please get in touch.
No job too small, just give me a call - Kevin 022 3521 402
I am recommended and approved by Age Concern Tauranga and Grey Power Tauranga & WBOP.
I come to you and specialize in providing one to one support and I pride myself on being easy to talk to, flexible and affordable,.
I can advise, train and support problems with computers, laptops, smartphones and TV's. Internet, email and social media problems as well as lots more.
Look out for me driving around your area and give me a wave!
0223 521 402
www.athenasolutions.co.nz...
Poll: Should all neighbours have to contribute to improvements?
An Auckland court has ruled a woman doesn’t have to contribute towards the cost of fixing a driveway she shares with 10 neighbours.
When thinking about fences, driveways or tree felling, for example, do you think all neighbours should have to pay if the improvements directly benefit them?
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82.3% Yes
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15.1% No
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2.6% Other - I'll share below
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