Early Edition with Ryan Bridge - Jen Baird: REINZ CEO on survey showing first home buyers remain more interested in making a purchase than investors

Jen Baird: REINZ CEO on survey showing first home buyers remain more interested in making a purchase than investors

12/06/22 • 2 min

First home buyers aren't taking their eyes off the housing market.

The Real Estate Institute of New Zealand's latest survey shows first home buyers remain much more interested in making a purchase than investors.

It comes as agents report a new downward pressure on average sales prices.

Chief executive Jen Baird told Tim Dower there's been a noticeable drop in investors in the market.

She says first home buyers are seeing this as their chance to step on to the property ladder.

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First home buyers aren't taking their eyes off the housing market.

The Real Estate Institute of New Zealand's latest survey shows first home buyers remain much more interested in making a purchase than investors.

It comes as agents report a new downward pressure on average sales prices.

Chief executive Jen Baird told Tim Dower there's been a noticeable drop in investors in the market.

She says first home buyers are seeing this as their chance to step on to the property ladder.

LISTEN ABOVE

See omnystudio.com/listener for privacy information.

Previous Episode

Christopher Luxon: They want a Government that gets things done

National is increasing its lead over Labour.

Labour has slid one point to 33 percent support in the latest 1News Kantar poll, while National is up one point to 38 percent.

Act has 11 percent —giving it the backing to form a government with National— and the Green Party is sitting at nine points.

National Leader Christopher Luxon says it's clear the public want change.

He says they want to see a Government that actually gets things done.

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Next Episode

Holly Thorpe: Waikato Uni sports sociologist applauds Sport NZ's actions of inclusion of transgender people in activities

A Waikato University sports sociologist is applauding the actions of Sport New Zealand around inclusion of transgender people in community activities based on which gender they identify with.

The document takes a human rights rather than scientific approach to the issue which has tended to be the focus at elite level.

Holly Thorpe says the guidelines are an important first step to navigate a complex issue.

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