The property market's still mostly too hot for first home buyers to handle
The property market's still mostly too hot for first home buyers to handle
22 March 2021
CoreLogic data says average house prices across the country continue to surge.
Herne Bay is New Zealand's most expensive suburb with the average property valued at three million dollars.
Senior property economist Kelvin Davidson says getting a foot in the door is still a big challenge.
He says the strong growth means somebody saving for their first deposit has to find substantially more money.
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