First Home Buyers – the time is now! ….ish
At least that’s the rhetoric I’m hearing now. It’s probably because sales are getting slower in the suburbs first home buyers cannot afford. The average house price in Mt Albert, Royal Oak and Long Bay have declined the most out of all suburbs in Auckland in the last six months. And yet in suburbs like Takapuna and Onehunga, the average price is increasing. This is probably to do with a general increase in dwellings on the market in these areas. But it does show that homes are still being sold. And given the plethora of grants available to First Home Buyers it’s no wonder some suburbs are still hot despite the Auckland housing marketing hitting an 11 year low. With initiatives like the Welcome Home Loan and Home Start Grants, houses are there for the taking.