KEY REASONS TO SELL NOW
1 . Lower mortgage Lending Rates As borrowing costs decrease , the market is likely to see heightened activity . Buyers are more motivated to make decisions , and competitive offers could lead to favourable outcomes for sellers . By listing now , homeowners may take advantage of the current interest rate environment and attract serious buyers eager to secure their new home .
2 . Improved Affordability Stabilising property values and recent interest rate reductions have improved housing affordability , with mortgage lending rates expected to continue downward . This shift continues to make homeownership more accessible , increasing demand and fuelling buyers ’ sense of urgency . Selling now can position homeowners to benefit from heightened buyer interest and potentially higher sale prices .
3 . Rising Buyer Demand With the anticipation of continued rate reductions , buyer demand is rising . Increased activity in the market creates a more competitive environment , enhancing the potential for favourable selling outcomes . As buyers rush to capitalise on current conditions , sellers can leverage heightened interest to achieve optimal results . It ’ s important to note that while we don ’ t expect to see the double-digit value growth of previous property cycles , the current environment still offers solid opportunities for sellers . The RBNZ remains vigilant in monitoring the housing market ’ s influence on non-tradable inflation , and newly introduced Debt-to-Income ( DTI ) rules will help moderate borrower capacity and maintain a broadly balanced market .
4 . Tight Supply Pipeline The pipeline of planned residential work continues to slow , with recent research suggesting the number of approaching building projects is down circa 60 per cent compared with one year ago . This slowdown in construction activity means fewer new properties are coming to market , creating a supply constraint from which sellers can benefit . Selling in this climate allows the chance to capitalise on limited availability while offering the flexibility to buy within the same market , where choice remains .
5 . Strategic Timing The current market dynamics present a strategic window for sellers . With cost-of-living pressures easing and buyer demand rising , selling now allows time to maximise the current conditions and secure the best possible outcome before market fluctuations influence property values . This timing remains crucial , as recent policy shifts underscore the importance of decisive decision-making to capitalise on the changing landscape .
Source : New Zealand Chinese Building Industry Association , Statistics New Zealand
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