The sustained economic resilience , coupled with these rate cuts , creates a supportive environment for longterm investment returns .
MARKET ACTIVITY & WHAT ’ S AHEAD
For the month ending September 2024 , Ray White saw steady sales activity , with a notable increase in listings as more properties entered the market .
As buyers and sellers adjust to these favourable conditions , the market remains vibrant and full of opportunity . Whether you ’ re purchasing , selling , or looking to invest , Ray White ’ s experienced agents are here to help you navigate these changing dynamics and make the most of the market . .
Live listings were up by 20.2 per cent compared to last year , while total listings surged 37.8 per cent year-on-year .
Digital enquiries and loan pre-approvals also rose significantly , with loan pre-approvals increasing by 58.9 per cent , highlighting growing buyer confidence and market engagement .
With the OCR cut boosting both buyer confidence and affordability , the spring season has already proven active , and this is likely to continue well into the coming months .
Photo : 98-100 Riverview Road , Kerikeri , Far North Proudly marketed by Nathan Roach ,
Ray White Kerikeri
15