1st-time homebuyers advised to consider purchase as NZ housing market stabilizes, mortgage rates decline.
Mark Lister, investment director at Craigs Investment Partners, recommends that first-time homebuyers consider purchasing now, as the housing market stabilizes and mortgage rates decline. While affordability remains a challenge and the unemployment rate is rising, factors like eased regulations and supportive migration trends may foster a market recovery. Lister anticipates modest housing price gains in the coming years, despite ongoing ownership costs.
September 22, 2024
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