Stability with substance
TREENA DRINNAN CHIEF AGENCY OFFICER RAY WHITE NEW ZEALAND
New Zealand’ s property market is moving with quiet confidence right now. Even with higher living costs and mixed economic headlines, what we’ re seeing across the Ray White network is a market that’ s working steadily, sensibly, and with real intent.
Buyers are active, but they’ re taking the time to make well‐considered decisions. Lending settings are clear, inflation is gradually easing, and most households have already adjusted to the higher‐cost environment of the past few years. As a result, people are approaching property decisions with more certainty about what they can afford and what they want.
ENGAGEMENT IS DEEPENING AS THE MARKET ABSORBS SUPPLY
On the selling side, choice is improving without overwhelming the market. New listings are up 11.85 per cent year‐on‐year, giving buyers more options.
Source: Ray White New Zealand
At the same time, live listings are up just under 10 per cent, and properties are still being absorbed at a healthy pace. Well‐presented homes that are priced in line with the market continue to attract strong interest.
Source: Ray White New Zealand
RAY WHITE NOW NEW ZEALAND | 14