Vanessa Williams

That's dead right.

The biggest transactions actually happen in four months of the year, believe it or not.

So we have very, very busy, hyped up months in October and November, and then again in February and March, which you can well imagine because we've stuck inside all winter.

The house is perhaps a little bit moldy, not looking as lovely.

The gardens aren't as fresh.

You start to see that daylight savings happen, bit more light, bit more fresh, bit more flowers.

You're like, right, let's move.

And vice versa, you get to the end of the year, you take a deep breath, hopefully Santa's kind to you, you come into the brand new year and think, you know what, it's time for a bit of a move, time to shake it up.

And so, of course, that then translates into the New Zealand property market, which is when those really busy months are.

And look, it's, and that does, and that's why it's important to kind of compare the same time of year, because we want to make sure we're capturing those increases.

You don't want to be comparing winter to summer because it's just not a fair comparison.

So we'd still call it a buyer's market right now?

Yeah, we would because there is still a lot of stock out there.

So there is plenty of homes for those beautiful buyers to look at.

So when we sort of see that tipping point, it's probably around, say, 25,000 homes right across the motu.

At the moment, we're sitting upwards of 37,000 homes.

So what that means is if you are looking to sell, is that you've got quite a bit of competition on the market at the moment, typically, and also for buyers, there is more choice out there.

So we're still certainly seeing really good homes transact, well-presented homes really move in this market, but yet because there is a lot more supply than there is demand to match it, we would still see that it's typically a buyer's market at the moment,

and they've got a bit more time to be considered with their purchases.

I do think it will as a flow-on effect.