Looking forward, interest rates will remain a defining factor. While short-term mortgage rates are expected to continue easing, longer-term rates are holding steady, giving buyers and sellers a chance to plan with greater certainty.
Key upcoming RBNZ dates to watch:
• 9 July: Monetary Policy Review and OCR Review
• 20 August: Monetary Policy Statement and OCR Review
• 8 October: Monetary Policy Review and OCR Review
• 26 November: Final Statement and OCR Update of 2025
For sellers, the current climate offers a unique advantage. Buyer engagement and growing pre-approval numbers mean there are qualified, active buyers ready to move. Taking a property to market now could mean less competition and more visibility.
For buyers, conditions are steadily improving. As lending becomes more accessible and interest rates trend downward, the pressure to“ wait and see” is softening. Good opportunities exist for those who are well prepared and willing to act decisively.
“ The market isn’ t surging, it’ s strengthening. Against a backdrop of global uncertainty and local recalibration, New Zealand real estate remains one of the most transparent, trusted, and resilient asset classes.”
Treena Drinnan Chief Agency Officer, Ray White New Zealand
The market isn’ t surging, it’ s strengthening.
Against a backdrop of global uncertainty and local recalibration, New Zealand real estate remains one of the most transparent, trusted, and resilient asset classes. For those ready to make their move, the opportunities are real, and Ray White is here to help you navigate them.
RAY WHITE NOW NEW ZEALAND | 17