Influential Trends
- Migration: Unlike refugees, safe-harbor expats are returning to New Zealand with funds and professional earning power. This influx will likely underpin demand for property.
- The worldwide trend towards working from home is at odds with the burgeoning tiny-house movement. Larger properties with a study or potential office will likely attract extra demand.
- An aging population continues to downsize into low-maintenance residential accommodation, often in competition with first home buyers and investors.
- New construction is gradually ramping up with a two year completion lag for major developments