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15 Jul 2025 7:38
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      Home > News > Business

    Anticipation's building in the property market, with expectations the Official Cash Rate will be shaved by another 50-points today

    Anticipation's building in the property market, with expectations the Official Cash Rate will be shaved by another 50-points today

    19 February 2025
    Real Estate Institute figures show house prices are 21.5 percent below their peak in Auckland, and 15.7 percent below nationally.

    Institute Chief Executive Jen Baird says it's still a buyer's market.

    She says a further OCR cut could help make entering the market a bit more affordable.

    Baird says they're already hearing from agents across the country, of a more positive sentiment.

    © 2025 Newstalk ZB, NZCity


     Other Business News
     15 Jul: The Commerce Commission is taking legal action against Foodstuffs North Island and Gilmours Wholesale, over alleged cartel behaviour
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     14 Jul: Retail spending's risen in June, as Kiwis fork out for a winter wardrobe
     14 Jul: The Education Minister wants to build our numbers of overseas students
     14 Jul: Attempts to patch up what's being described as our broken energy market, don't yet stretch far enough
     13 Jul: Belief the Government needs to step up, and make urgent changes to the energy market
     Top Stories

    RUGBY RUGBY
    Coach Scott Robertson's laying down a challenge to the All Blacks squad with their series against France already in the bag ahead of the third and final test More...

    BUSINESS BUSINESS
    The Commerce Commission is taking legal action against Foodstuffs North Island and Gilmours Wholesale, over alleged cartel behaviour More...


     Today's News

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     Business:
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     Entertainment:
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     Rugby:
    Coach Scott Robertson's laying down a challenge to the All Blacks squad with their series against France already in the bag ahead of the third and final test 21:57

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