A record quarter for first home buyers
A record quarter for first home buyers
14 October 2020
According to CoreLogic's September figures, the group accounted for a quarter of all sales in the third quarter of 2020.
Before now, the highest share on record for them was 24 per cent in 2006/2007.
Senior property economist, Kelvin Davidson says KiwiSaver withdrawals are an important factor -- with more than 44-thousand-300 withdrawals in the year to March.
But, he says it's not only their access to KiwiSaver that's helping them ....
Kelvin Davidson says they also have a willingness to shift from bigger dwellings to apartments -- or even further afield.
© 2024 Newstalk ZB, NZCity