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
New Zealand's property market shows a clear divide. While national values dipped -0.2% in June, first home buyers (FHBs) are entering at record levels, often using low deposits and KiwiSaver to get on the ladder.
In contrast, investors are pausing ahead of the election, wary of potential tax changes like a Capital Gains Tax. According to Cotality, while some growth is possible later this year, a new property boom remains unlikely due to other economic factors.
A sluggish June offset by a new peace deal
First home buyers hit record highs with low deposits
Election jitters put investors on pause
Author
Discover More
The five places where first-home buyers are winning the most
The five regions where first-home buyers are buying the biggest share of homes in New Zealand.
From an empty paddock at the end of a gravel road, they built an off-grid haven – complete with a Love Bus
A bare paddock became an award-winning off-grid escape with tiny homes, a Love Bus and coastal views.
Search
Other articles you might like
