Steady foundations, smart decisions
Treena Drinnan Chief Agency Officer Ray White New Zealand
As we move through the second half of 2025, the market continues to exhibit the hallmarks of stabilisation, not sensational growth, but dependable signals that are giving both buyers and sellers the clarity they’ ve been waiting for.
The combination of softer net migration, recent trade uncertainty, and the Reserve Bank’ s( RBNZ’ s) decision to hold the Official Cash Rate( OCR) at 3.25 per cent underpins the softer, yet improving market conditions we have seen over much of the year.
While July’ s OCR stay broke the streak of six consecutive rate cuts, the RBNZ has signalled that further easing remains possible if inflationary pressures continue to subside. Their approach reflects a careful balancing act, supporting domestic recovery without reigniting financial imbalances.
And it’ s working.
Buyer activity continues to build, and seasonal dynamics are bringing a healthy rhythm back to stock flow.
RAY WHITE NOW NEW ZEALAND | 14