Feature article
First home buyers hit record highs as national property values dip -0.2%
While investors are tapping the brakes, first home buyers are accelerating.
AI summary
National property values dipped -0.2% in June, creating a divided market that currently favours buyers.
First home buyers are seizing the opportunity, reaching record market share. Many are successfully using KiwiSaver and low deposit lending, with over half buying with less than a 20% deposit.
Meanwhile, investors are pausing due to election uncertainty, weak rents, and the potential risk of new taxes like a Capital Gains Tax (CGT), creating a clear split in market activity.
A sluggish June offset by a new peace deal
First home buyers hit record highs with low deposits
Election jitters put investors on pause
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