First-home buyers claim record share of housing market as prices retreat

Mike ScottSenior Journalist·NZ Herald·18 Aug, 2026 05:00 PM9 mins to read‌Hamilton man Matt James is among a growing number of first-home buyers entering the property market. Photo / Mike Scott Hamilton man Matt James is among a growing number of first-home buyers entering the property market. Photo / Mike Scott First-home buyers are back claiming a big share of New Zealand’s housing market as prices retreat from Covid-era highs. Behind the statistics are Kiwis making creative calls, taking on large debts and finding a place to call their own. When Matt James arrived at his new house, he picked up