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Home Buyers Still on Strike, Waiting for Lower Prices, Lower Rates, and Higher Incomes

Summary by Wolf Street
Demand for mortgages to purchase a home has plunged by nearly double the rate of sales of existing homes.

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Home Buyers Still on Strike, Waiting for Lower Prices, Lower Rates, and Higher Incomes

Demand for mortgages to purchase a home has plunged by nearly double the rate of sales of existing homes.

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interest.co.nzinterest.co.nz

First home buyers take smallest share of mortgages in two-and-a-half years

Latest Reserve Bank figures show first home buyers continue to take a declining share of monthly mortgage advances, while the overall figures for February were down on a seasonally-adjusted basis

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BizToc broke the news in on Wednesday, March 26, 2025.
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