Vega Market Update - May 2024

29May 480x320
  • OCR 5.50% - Official Cash Rate remains unchanged
  • First Home Grant is no longer available for applications: Kianga Ora is no longer supporting new applications for the FHG. However, those currently in progress or with pre-approved grants will still be eligible for the FHG benefits for a duration of 6 months.
  • Increased activity among movers: Figures from CoreLogic NZ’s May Housing Chart Pack revealed the share of property purchases by movers edged up to 27% in April from 26% in Q1 2024.

Download the full PDF version now!

Download article PDF

Related articles

Website Image Apr24
Vega Market Update - April 2024 part 2
House web
Vega Mortgages case study: First home grant declined at the last minute
RBNZ keeps the OCR unchanged at 5.5%
Back to media