In the media, the charts and figures you see only represent enough data to depict what they’re saying in the article.

Sure, the figures might be true, but you risk missing the bigger picture.

It’s so important to collect your own data from trustworthy sources.

I just jumped onto the Ministry of Business, Innovation and Employment and downloaded their entire spreadsheet of mean weekly rent by region, for every month since 1993.

That’s an incredible amount of information.

After making a few quick charts, one striking thing I notice is that rents in Wellington are the most seasonally-driven of the major centres, with around an average $50 extra rent being achieved in January compared to the winter market.

That’s a loss of roughly $2,600 per annum for investors renting in the winter market.

Here is a list of 5 free resources you should be using:

  1. Ministry of Business, Innovation and Employment
  2. Interest.co.nz’s Charts
  3. QV’s Property Trend Resources
  4. StatisticsNZ
  5. Regional council websites

These 5 simple tools can tell you a lot about a market. With just these 5 free tools, you can conduct some incredibly powerful analysis.

Find out more about how to read the property market and analyse market trends at a Property Investor Night near you: https://positiverealestate.co.nz/web/propertyinvestornight//