Renewed Interest and Market Activity
Treena Drinnan Chief Agency Officer Ray White New Zealand
As we enter March , the real estate market continues to gain momentum , driven by renewed buyer energy and increasing investor interest . The recent Official Cash Rate ( OCR ) reduction has added further confidence to the market , and additional rate cuts are forecast .
This , coupled with key lenders now offering mortgage rates below five per cent , has encouraged more buyers to actively explore their purchasing options .
Nationwide , we ’ re seeing tangible signs of increased activity . While some regions are experiencing this shift sooner than others , confidence is undeniably returning to both buyers and sellers . But are investors truly coming back ? The data suggests a measured re-entry , particularly in areas where rental demand remains high and yields are solid .
Just last month , our Ray White network put demand to the test with our ‘ Real Estate of Origin ’ appraisal drive . This was extremely successful , generating significant momentum and close to 3,000 appraisals booked .
The campaign is expected to bring a strong wave of new listings to the market , reinforcing the pipeline of opportunities for both sellers and buyers .
At the start of January , we were thrilled to hit the ground running with a standalone 136-page Herald Homes lift-out , a premier showcase of Ray White listings . This set the tone for an active start to the year , further supported by auction events nationwide . These campaigns , backed by discounted marketing packages , provided exceptional exposure for vendors looking to engage with an increasingly active buyer pool .
As we progress through the first quarter , the market ’ s direction will continue to be shaped by affordability , access to credit , and overall economic sentiment . What remains clear is that momentum is building , and whether you ’ re a buyer , seller , or investor , being informed and ready to act is key .
If you ’ re considering your next move , talk to your local Ray White expert today . The market is shifting , so make sure you ’ re positioned to take advantage of it .
BUYER SUMMARY
• Increased Sales Activity : 1,109 properties sold in February , a 5.40 per cent lift from last year .
• Market Stability : February 2024 sales were 53 per cent higher than 2023 , indicating steady market conditions .
• More Choice : Inventory is at its highest level ( 6,997 properties ), providing buyers with more options .
• Competitive Market : Increased listings mean buyers should act decisively , particularly in high-demand areas .
SELLER SUMMARY
• Renewed Seller Confidence : More sellers are coming to market with optimism about achieving a sale .
• Increased Listings : 2,368 new properties listed , a 21.10 per cent jump from January 2025 .
• Favorable Conditions : Positive momentum and strong buyer activity mean now is a great time to list .
• Ongoing Demand : While listings are rising , buyer demand remains strong , ensuring opportunities for well-priced properties .
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