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First home buyers hit a record 29.5% market share
Falling prices, plenty of listings and low-deposit lending are helping more Kiwi than ever onto the property ladder.
AI summary
First home buyers have hit a record 29.5% market share, with experts calling it arguably the best time to buy in decades. A buyer's market is creating opportunities with lower prices, more listings, and greater choice.
Key factors include available low-deposit lending and the use of KiwiSaver for deposits. As a result, buyers are getting more value, with standalone houses now making up 76% of their purchases nationwide, helping more Kiwis get onto the property ladder.
Prices down, listings up: the buyer’s market in action
From Whangārei to Winton, first home buyers are everywhere
Paying a bit more, but getting a lot more house
What’s helping first home buyers get in?
“Arguably the best time to be a first home buyer”
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