2 articles in Career Advice tagged first home buyers new zealand
SEPT
16
New Zealand recorded a net migration gain of 20,300 in the July 2026 year (Stats NZ) — with the July monthly gain of 5,200 more than double a year ago. But the gain masks a 38,300 NZ-citizen loss, and first-home buyers took 29% of July property sales, the highest share in 20+ years.
SEPT
16
New Zealand mortgage rates are climbing after the RBNZ lifted the OCR to 2.75% on September 2 — the second hike since July. One-year fixes jumped from the low-4s to mid-5s, the best 5-year rate rose from 4.99% to 5.49%, and markets now price ~65% odds of another hike in October.
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