Residential mortgage lending to first home buyers New Zealand 2018-2024

Published by Statista Research Department, Dec 3, 2024

First home buyers in New Zealand borrowed approximately 1.56 billion New Zealand dollars in October 2024 for residential mortgages. The highest lending value for first home buyers within the given time period was recorded in March 2021.

Monthly residential mortgage lending value to first home buyers in New Zealand from October 2018 to October 2024 (in million New Zealand dollars)

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Release date

November 2024

Region

New Zealand

Survey time period

October 2018 to October 2024

Supplementary notes

One New Zealand dollar is equal to approximately 0.59 U.S. dollars and 0.56 euros (as of December 2024).

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