Market Comments

Market Comment: Commercial October 2017

The Reserve Bank (RBNZ) continues to manipulate the Official Cash Rate intending to control the market and monitor inflation. With earlier inflation running below 1.00%, the Official Cash Rate (OCR) was lowered in November 2016 by 25 basis points to 1.75% with the intention of increasing economic activity and achieving the Reserve Bank’s inflation targets.

Market Comment: Commercial October 2017 Read More »

Market Comment: Residential July 2017

The key drivers of population growth through migration, low interest rates, stable economy and low unemployment still combine to underpin the market creating a stable economic climate. Prospective purchasers must make quicker decisions when buying a property especially in the lower price bracket. Vendors who are prepared to meet the market are achieving successful sales.

Market Comment: Residential July 2017 Read More »

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