The NZ Property Market Podcast

FHBs are still dominant - launching the latest Cotality-Westpac Report

Cotality NZ

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The Cotality-Westpac First Home Buyer Report May 2026

In this special guest episode Kelvin Davidson is joined by Satish Ranchhod from the Westpac Economics team to discuss the latest co-branded First Home Buyer Report.

They cover off the Iran conflict, the implications for NZ's economy, inflation, and interest rates, then what it might all mean for first home buyers.

Lately FHBs have remained a dominant force in the property market, accounting for high shares of transactions, and also getting 'more house for their money' - supported by a soft market, plenty of listings, and low deposit lending allowances at the banks.

Indeed, Westpac's own data shows that the average LVR has recently gone above 80%, while the average FHB age has dipped a little.

Ultimately, it's a continued good news story - and FHBs still have reason for optimism in the coming months too.

Sign up for news and insights or contact on LinkedIn, X @NickGoodall_CL or @KDavidson_CL and email ngoodall@cotality.com or kdavidson@cotality.com

This podcast is for educational and entertainment purposes only and does not constitute financial, legal, or tax advice. The hosts are not licensed Financial Advice Providers in New Zealand. All information is of a general nature and does not take into account your personal situation or goals. Please consult a qualified professional before making any financial decisions.