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7 Mar 2026 9:46
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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.

    © 2026 Newstalk ZB, NZCity


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    Hurricanes coach Clark Laidlaw's given their Super Rugby road trip a pass mark following their 59-19 thumping of the Waratahs in Sydney More...

    BUSINESS BUSINESS
    Fonterra's sale of its consumer arm is now unconditional More...


     Today's News

    		 Entertainment:
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     Accident and Emergency:
    A person has died and another has moderate injuries after a single-vehicle crash in the Kaipara District's Paparoa overnight 9:26

     Rugby League:
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     Entertainment:
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     Environment:
    Hurricanes coach Clark Laidlaw's given their Super Rugby road trip a pass mark following their 59-19 thumping of the Waratahs in Sydney 8:56

     Entertainment:
    Evil Dead star Bruce Campbell has been diagnosed with "treatable, not curable" cancer 8:35

     Entertainment:
    How Japan is addressing overtourism — and what it means for Australians 8:16

     Living & Travel:
    Thousands of people are taking part in the country's largest surf-lifesaving competition in Ohope Beach in Bay of Plenty this weekend 8:16

     Education:
    Satellite image shows direct strikes on military buildings next to Iranian school where children were killed 8:07

     Rugby:
    The Chiefs have run rampant in a 57-24 rout of Moana Pasifika in their Super Rugby match in Hamilton 8:06

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