Source: Commentary from Kelvin Davidson, Cotality NZ Chief Property Economist
Cotality’s latest Buyer Classification data for June is in and it offers a full view of buyer behaviour across New Zealand for Q2. The figures point to a resilient and active first home buyer segment amid ongoing (but slightly lesser) affordability challenges. At the same time, ‘Mum and Dad’ investors continue to raise their activity levels, gravitating towards more affordable parts of the market.
First home buyers still strong
Over the three months to June, the broad tr
