“ While non-discretionary costs like local body rates and insurance continue to rise , the overall economic outlook supports a stronger housing market with each passing day .”
THE FINAL QUARTER
With just nine odd weeks to go until Christmas , the real estate landscape is ripe with opportunity . “ Across our network , we ’ ve seen strong inventory levels , new listings increase and rising pre-approval numbers from prospective buyers .”
“ Ray White ’ s auction rooms are busier , and registered bidder numbers are up , showing a steady and growing demand for property nationwide .”
With the balance of 2024 right before our eyes , the market remains complex , reflecting an improving interest rate environment , steady buyer demand , and ongoing policy implications suggesting it ’ s an ideal time for sellers to make their move . The current conditions mark an excellent time to consult with your local real estate agent to make an informed decision before the summer holidays .
“ For today ’ s buyers and sellers , the focus is on the trend rather than the magnitude . Right now , we ’ re headed in an entirely positive direction , signalling a gear change into more favourable market conditions – it ’ s time to seize it and make the most of this momentum .”
It is , however , essential to remember that the market remains in its early stages of recovery , which presents opportunities . “ Sellers who move now can take advantage of positive momentum and increasing buyer confidence while avoiding potential pitfalls such as further policy / tax change and market saturation .”
Photo : 98-100 Riverview Road , Kerikeri , Far North Proudly marketed by Nathan Roach , Ray White Kerikeri
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