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 taking advantage of current conditions, reaching a record 28% market share. With property values down and high stock levels, it's a great time for buyers to enter the market.
According to Cotality, this is a nationwide trend. Buyers are finding success by:
- Using KiwiSaver for deposits
- Accessing low-deposit lending from banks
This positive shift is helping more Kiwis get onto the property ladder and into their own homes.
A winning streak from the Winterless North to the Deep South
How are they doing it?
Author
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