Read our latest Ray White Now property market insights in real time.
Welcome to the 60th edition of Ray White Now.
As we hit the half-year mark, surprisingly for some, winter holds a sunnier
forecast for New Zealand’s residential property market.
Several significant policy decisions are helping Kiwis (and a growing migrant population)
to feel more confident about the economic road ahead, not least of which is our central bank’s assertion
that the recent 25 basis point rise in the Official Cash Rate (OCR) is expected to be the last.
At least for this tightening cycle.
What happens next will depend heavily on new data and, as always, the development of global events.
Ray White Now - June 2023
We present the latest edition of Ray White Now. We focus on the current impacts on today's market, together with how natural disasters impact property markets. We also look at the commercial space across New Zealand.
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The latest edition of Ray White Now is here! Although delayed, these real estate insights are still very much applicable to the current market.
While changes have occurred in the confidence of buyers and sellers to transact real estate across New Zealand, the ability to borrow money has seen a continued lowering of barriers over the past month. Rising interest rates remain on the agenda of the Reserve Bank, with last week’s announcement of a .75 basis points lift in the Official Cash Rate, which now sits at 4.25%. Read and share more of this insights with the links below.
Ray White Now - November 2022
We present Ray White Now for September 2022 - latest trends & market update.
We proudly present New Zealand real estate insights in real-time; Ray White Now July.
It remains difficult to get an accurate indication of market conditions. It is clearly a property-by-property proposition and is largely determined by our results and clearance rates. Auction remains the highest success rate we have within our marketing. 54.6% of all property is selling before, under the hammer, or directly after, in line with the auction process.
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