First home buyers
Competition from rivals and customers switching banks challenging Westpac NZ in housing market, CEO Catherine McGrath says
Competition from rivals and customers switching banks challenging Westpac NZ in housing market, CEO Catherine McGrath says
The average price first home buyers are paying for a home dropped to its lowest level in 19 months in September
The average price first home buyers are paying for a home dropped to its lowest level in 19 months in September
Labour would let state housing tenants rent-to-buy with $100 a week towards a deposit, and raise the Kāinga Ora First Home Loan income cap to $300,000
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Labour would let state housing tenants rent-to-buy with $100 a week towards a deposit, and raise the Kāinga Ora First Home Loan income cap to $300,000
Mortgage rates, house prices and incomes were all as flat as a millpond in September, which meant no change in housing affordability
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Mortgage rates, house prices and incomes were all as flat as a millpond in September, which meant no change in housing affordability
Volume of financial hardship withdrawals overtook early KiwiSaver withdrawals for first homes in September
Volume of financial hardship withdrawals overtook early KiwiSaver withdrawals for first homes in September
First-home buyers secured nearly 25% of new home loans in the first half of the year, with average borrowing for FHBs topping $500,000, according to the NZBA
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First-home buyers secured nearly 25% of new home loans in the first half of the year, with average borrowing for FHBs topping $500,000, according to the NZBA
First home buyers and financial hardship drove annual KiwiSaver early withdrawals above $2.8 billion, Inland Revenue data shows
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First home buyers and financial hardship drove annual KiwiSaver early withdrawals above $2.8 billion, Inland Revenue data shows
Amount withdrawn from KiwiSaver for first homes and financial hardship reached $226.3m in August
Amount withdrawn from KiwiSaver for first homes and financial hardship reached $226.3m in August
Low equity mortgages helping to prop up first home buyer activity, Reserve Bank data suggests
Low equity mortgages helping to prop up first home buyer activity, Reserve Bank data suggests
Rising mortgage rates are more than offsetting falling prices at the affordable end of the housing market
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Rising mortgage rates are more than offsetting falling prices at the affordable end of the housing market
[updated]
FMA annual report shows KiwiSaver members took out $6.8 billion due to growing number of people accessing retirement savings and making early withdrawals for first home purchases
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FMA annual report shows KiwiSaver members took out $6.8 billion due to growing number of people accessing retirement savings and making early withdrawals for first home purchases
National's Chris Bishop announces policy to extend income cap to $300,000 for Kāinga Ora low deposit First Home Loan Scheme, as party targets return to peak home ownership rates of around 74%
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National's Chris Bishop announces policy to extend income cap to $300,000 for Kāinga Ora low deposit First Home Loan Scheme, as party targets return to peak home ownership rates of around 74%
Banks' low equity mortgage lending is surging, raising the question of how far can it rise before the Reserve Bank gets uncomfortable?
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Banks' low equity mortgage lending is surging, raising the question of how far can it rise before the Reserve Bank gets uncomfortable?
Average price paid by first home buyers dropped to lowest level in almost a year in July
New mortgage borrowing in July slipped to lowest monthly level since February, falling 13% or almost $1.2 billion year-on-year as investors retreat
New mortgage borrowing in July slipped to lowest monthly level since February, falling 13% or almost $1.2 billion year-on-year as investors retreat