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Over the past five years, the value of two bedroom houses has grown by more than those in the 4-6 bedroom category across the majority of the country. Given the smaller deposits required in these times of low affordability and restricted credit flows, this pattern of value growth seems logical.

Humble Kawerau, sitting close to thermal springs and the tourist delights of Rotorua and the Bay of Plenty, has emerged as New Zealand's best performing property market.

Ever had that delightful emotional rollercoaster of an experience when you see a property you love, but have to sell your existing home before you can buy it, so you put in an offer ‘subject to sale’ and cross your fingers that the deal doesn’t fall over? 

Employment growth remains high with the continued rise in dwelling consents also illustrating that there is strong demand for property. The prospect of low and stable mortgage rates into 2019 will also support property values.

New Zealand is currently in the midst of one of the three biggest booms for building consents that we’ve ever had.