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

Early Edition with Ryan Bridge · Dec 6, 2022 · 2m

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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