According to the Corelogic Buyer Classification, first home buyers secured their largest (equal) share of purchases in July, but as previously discussed this is likely to change, with tighter lending restrictions ahead.
This includes stricter LVR limits and increasing interest rates, which we'll know more about this Wednesday (2pm) as the RBNZ releases its latest Monetary Policy statement. It's the hottest of topics right now so Kelvin provides his preview of the decision.
As always, the data and decision are so heavily intertwined and a look back at the latest data releases provides even greater comfort that a rise is on the cards.
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