Auckland first home buyers represent!

Recent data from CoreLogic reveals first home buyers showing strong around the country.

Even in Auckland, where average property values exceed $1M.

Nationally, first home buyers raised their profile from 22 percent in the 4^th quarter of 2017 to 23 percent in the same quarter 2018 – 469 more deals.

But here’s the really cool thing. In Auckland, even with higher house values, first home buyers accounted for 26 percent of deals in the 4^th quarter of 2018. That’s the highest in 10 years.

A key factor – access to Kiwisaver funds for the deposit.

This week I’m going live with a 3-bedroom beauty in Papatoetoe, which price-wise, is in the sweet spot for first home buyers and also savvy investors. If you’re in the market, call me for early access.

With the recent loosening of lending rules, there’s no better time than now to get on the property ladder or to grow your portfolio.

• Source: First home buyers and investors still busy – CoreLogic. Link here