07/05/2026
First home buyer activity is up, as the residential property market turned to a "buyers market". My experience (as well a those in my office) is certainly supporting that view as they take advantage of the price drops and investors selling rental properties over the last few years... https://www.rnz.co.nz/news/business/594592/how-much-does-it-really-cost-first-home-buyers-to-get-into-the-market?fbclid=IwY2xjawRp1YdleHRuA2FlbQIxMABicmlkETFoeUZjQ1JkeUFvTTdISFBZc3J0YwZhcHBfaWQQMjIyMDM5MTc4ODIwMDg5MgABHqcqBbhFUXBhU2hErQ5p1hk2yOqd6-Xs07piqY6Rcav9xGa3321h4-OMMiCf_aem_yqAnznAvOaRY1Lejl5HUCg
Over the past year, first-time buyers have purchased 24,800 properties - the highest annual number since the year to the third quarter of 2021.