First-home buyers grab their moment in soft market

NewsBusiness25 June 2026, 7:26amFirst-home buyers grab their moment in soft marketSusan EdmundsCaption:Cotality data shows first-home buyers are increasingly a…

RNZ · 2026-06-24T19:49:07.000Z

Comments

Quinn Murphy2026-06-24T19:56:07.000Z

Bloody hell, finally some good news for youngies. Now if only the banks would stop asking for a 50% deposit…

Sam North2026-06-24T20:07:07.000Z

banks still want 20% deposit plus your firstborn child lol

Sam North2026-06-24T20:16:07.000Z

correction: first-home buyers are grabbing their moment because investors are scared of the new tax rules. don't get too excited.

Ella Thompson2026-06-24T20:45:07.000Z

exactly, it's not a soft market if you're earning median wage. this article is a joke

Aria Wilson2026-06-24T20:32:07.000Z

as a student looking at these prices i just wanna cry lol but good on them i guess

James O’Brien2026-06-24T20:39:07.000Z

My mate just bought his first place in Palmy for 450k. Not bad if you're not obsessed with Auckland.

RNZ

First-home buyers grab their moment in soft market

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James O’Brien

2026-06-24T21:11:07.000Z

Palmy's not that bad mate. cheaper houses, better traffic, and you can actually buy a coffee without selling a kidney

Ella Thompson2026-06-24T20:56:07.000Z

Soft market? My rent just went up 50 bucks. Feels pretty hard from here.

Isla Cooper2026-06-24T21:20:07.000Z

nah mate your rent is going up because the landlord's mortgage went up. blame the banks

Ella Thompson2026-06-24T21:17:07.000Z

ffs the article says 'soft market' but i still can't afford a shoebox in Wellington. must be nice to have rich parents.

Ella Thompson2026-06-24T21:32:07.000Z

of regular people buying in Hamilton too. stop being so negative

Phoenix Reid2026-06-24T21:43:07.000Z

It's about time! We need more young people owning homes, not lining some landlord's pocket. Happy for them :)

Isla Cooper2026-06-24T22:04:07.000Z

lol 'grab their moment' like it's a black friday sale. Just wait till interest rates go up again.

Sam North2026-06-24T22:39:07.000Z

what a load of shit

Phoenix Reid2026-06-24T23:23:07.000Z

come on, gotta give credit where it's due. Everyone starts somewhere

James O’Brien2026-06-24T22:54:07.000Z

If you're under 35 and own a home in 2026 you're either a trust fund kid or you live in Invercargill.

Aria Wilson2026-06-24T23:25:07.000Z

facts. i'm saving 70% of my income and still 5 years away from a deposit in akl

First-home buyers grab their moment in soft market | MyNZ

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