If you’re thinking about building, there’s some good news and a bit of a watch-out.
We’re starting to see property prices edge up again in some parts of the country, but it’s far from a full rebound.
If you’ve been sitting on the sidelines waiting for the “right time” to buy, this might be the closest we’ve seen in a while.
Housing affordability across New Zealand has improved noticeably, with the latest figures from Cotality showing conditions are now the most favourable they’ve been in several years.
A growing number of first home buyers are stepping onto the property ladder with less than a 20% deposit, showing how low-deposit lending options are helping people buy sooner.