A Balanced Property Market?
🔑"According to REINZ Chief Executive Jen Baird, while the market remains subdued, there is a noticeable rise in positivity and confidence that things will continue to improve as we approach the end of the year. Despite lingering challenges such as the cost of living, many believe that the downward trend of interest rates will lead to a gradual recovery as we move into 2025."
Falling interest rates are tempered by uncertain employment conditions and housing inventory at levels 2014 levels (graph below), suggesting the market may be returning to a more balanced position.
At adviceHQ , we’re seeing more activity through mortgage applications, which are often a leading indicator of market trends. Whether you’re buying or selling, understanding your position now can open up future opportunities.
A quick 10-minute call with our team can set you on the right path. Reach out today!📞
#adviceHQ #REINZ #NZPropertyInvestor #APIA #mortgagerates
Poll: 🗑️ Would you be keen to switch to a fortnightly rubbish collection, or do you prefer things as they are?
Aucklanders, our weekly rubbish collections are staying after councillors voted to scrap a proposed trial of fortnightly pick-ups.
We want to hear from you: would you be keen to switch to a fortnightly rubbish collection, or do you prefer things as they are?
Keen for the details? Read up about the scrapped collection trial here.
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85.6% Same!
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14.4% Would have liked to try something different
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