Is now the best time for first-home buyers to act? | The Front Page

Is now the best time for first-home buyers to act? | The Front Page <!--mynz:youtube-chapters--> {"v":1,"chapters":[{"timeSeconds":1,"label":"NZ Housing Market Buyer's Market","summary":"The New Zealand housing market is currently in a buyer's favor, with sales activity weakening and property values showing little sign of a broad-based recovery."},{"timeSeconds":105,"label":"Housing Market Performance","summary":"New Zealand's housing market has been relatively flat for the past three years, with property values showing minimal change month-to-month."},{"timeSeconds":248,"label":"Buyer Advantage in Current Market","summary":"First-home buyers are taking advantage of the current market conditions, with record market shares and more negotiating power due to increased listings."},{"timeSeconds":326,"label":"Buyer Options and Seller Hesitation","summary":"Buyers have more options and can negotiate better deals, while sellers are hesitant to lower prices, leading to a balanced market."},{"timeSeconds":457,"label":"Market Trends and Future Outlook","summary":"The market is showing signs of stability with flat sales activity and a slight easing of interest rates, but future growth remains uncertain."},{"timeSeconds":598,"label":"First-Home Buyer Confidence","summary":"First-home buyers are confident in the current market, with lower interest rates and increased choice giving them an advantage."},{"timeSeconds":635,"label":"Market Softening and Investor Concerns","summary":"The market is softening, with potential concerns for investors regarding capital gains tax and interest deductibility, leading some to wait and see."},{"timeSeconds":820,"label":"Longest Downturn in Modern History","summary":"New Zealand's current housing market downturn is on track to be the longest in modern history, potentially lasting over four and a half years."}]} <!--/mynz:youtube-chapters-->