Growth in new home loans eases in H1 2025: NZ Banking Association

First-time buyers make up a quarter of new-home loans. (Image: Getty)

Mon, 13 Oct 2025

Growth in the number of new-home loans written in the first half of 2025 eased from the final six months of 2024, as New Zealand emerges from a difficult economic climate, data shows.In the six months to the end of June, there were 60,249 new home loans, up 6% from the 56,938 seen in the final half of 2024. This latter figure was up 21% from the first half of 2024. NZ Banking Association’s data also showed that of the 60,249 new home loans, 25% were for first-home buyers. This compared with 26.7% of the 56,938 new-home loans in...

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