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
A clear divide is emerging in the NZ property market. While national values dipped -0.2% in June, recent global events may spur modest growth later this year.
First home buyers (FHBs) have reached record highs, taking advantage of the sluggish conditions. Many are successfully using KiwiSaver and low-deposit loans to enter the market.
Meanwhile, investors are pausing due to election uncertainty, weak rents, and the potential risk of a Capital Gains Tax (CGT), creating a favourable environment for purchasers.
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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