It looks like there is finally some good news for the first home buyers, with data showing 28 per cent of buyers in New Zealand are first home buyers.

The data by OneRoof and Valocity also shows 26 per cent of buyers in Auckland are first home buyers. 

Valocity CEO Carmen Vicelich told Mike Hosking it is largely down to the types of properties they are purchasing. 

"The trend is already showing that first home buyers are back in the market."

"I think that they [first home buyers] are recognising that there are apartments or they can travel an hour, particularly in the Auckland market, they can travel a little bit further out to Hamilton and it's much more affordable, so they are the fastest growing segment in the housing market."

"First home buyers are either moving further out of the city to afford a home or buying more terraced housing or central city homes." 

For more property news and listings go to oneroof.co.nz

She said KiwiSaver and the banks' low-interest rates are also helping first home buyers.

"The competitiveness of the banks is helping with the interest rates."

Vicelich said it's about aligning your expectations with the market.

"You don't get the dream house from the get-go."