First home buyers more active than previous 5 years

Date: 17 April 2018

First home buyers have slightly reduced their share of the market in the first few months of 2018, but remain more active than they have been at any point in the past 4-5 years.

Multiple property owners have also increased their share of the market in recent months, perhaps because some will be able to rejig existing finances to allow extra property purchases. On the other hand, movers are taking a smaller share of activity, perhaps preferring to renovate their existing house rather than move.

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Tags: Property, CoreLogic, Auckland, Wellington, Housing, Real Estate, Property Market, Buying