26 Buyer Classification Buyer Classification - New Zealand The first month of Q2 has seen investor activity rebound from a dip lasting two quarters. That puts the share of sales to investors back at the same high levels we have had for much of the past three years. The share of first home buyer sales is holding steady at 21% while movers continue to be less active. There has been a rise in ‘New to Market’. This group is mostly made up of people buying NZ property for the first time but doing so with cash not with a mortgage. Their apparent rise in share more reflects that their activity tends to remain steady over time while other buyers step back.