Every market creates two types of agents. Those who pause and hope conditions improve, and those who use the moment to get ahead. The gap between the two groups is rarely talent. It is usually behaviour. When enquiry softens, listings tighten or headlines become uncertain, many agents slip into holding patterns. They tell themselves they will ramp things up when spring arrives, when rates change, when stock returns, when buyers feel more confident. But the strongest operators

The decision by the Reserve Bank of New Zealand to leave the Official Cash Rate unchanged at 2.25% is expected to support a steady and stable trajectory for New Zealand’s housing market.

The Reserve Bank of New Zealand has held the Official Cash Rate at 2.25 per cent. Inflation currently sits at 3.1 per cent, at the top of the 1 to 3 per cent target band.  With the outbreak of conflict in the Middle East pushing global oil prices higher, Ray WhiteGroup economist Atom Go Tian said inflation was expected to rise further above the band in the near term before easing as the shock passes.

A new regional rental affordability report released by Property Brokers and property research firm The Property Knowledge shows signs of improving rental affordability across New Zealand but warns that significant regional disparities remain.