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 slightly in June, but a recent US-Iran peace deal could lead to modest growth later this year. A full boom remains unlikely due to stable unemployment rates.
First home buyers (FHBs) are reaching record market share, taking advantage of the conditions. Many are using KiwiSaver and low-deposit loans to secure a property.
In contrast, investors are pausing ahead of the election, concerned about weak rents, high costs, and potential tax changes like a Capital Gains Tax (CGT).
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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