Feature article
First home buyers hit a record high
With values down 18% from the peak and high stock levels, everyday Kiwi are seizing their chance to buy.
AI summary
First home buyers are seizing their chance in the current market, now representing a record high 28% of all property purchases. With values down approximately 18% from their peak, conditions are favourable for buyers across New Zealand.
According to Kelvin Davidson of Cotality, aspiring homeowners are successfully using KiwiSaver withdrawals and low-deposit lending to secure financing. This trend is a continued good news story, helping more Kiwis get onto the property ladder despite ongoing challenges.
A winning streak from the Winterless North to the Deep South
How are they doing it?
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