News | Business
16 Oct 2025 8:37
| outlook hotmail | yahoo mail | gmail | news | weather | finance | shopping | about nzcity | Search |
NZCity News
NZCity CalculatorReturn to NZCity
SEARCH 

  • Start Page
  • Personalise
    •    News
  • Sport
  • Weather
  • Finance
  • Shopping
  • Jobs
  • Horoscopes
  • Lotto Results
  • Photo Gallery
  • Site Gallery
  • TVNow
  • Dating
  • SearchNZ
  • NZSearch
  • Crime.co.nz
  • RugbyLeague
  • Make Home
  • About NZCity
  • Contact NZCity
  • Your Privacy
  • Advertising
  • Login
  • Join for Free

    •
      Home > News > Business

    Anticipation's building in the property market, with expectations the Official Cash Rate will be shaved by another 50-points today

    Anticipation's building in the property market, with expectations the Official Cash Rate will be shaved by another 50-points today


    Real Estate Institute figures show house prices are 21.5 percent below their peak in Auckland, and 15.7 percent below nationally.

    Institute Chief Executive Jen Baird says it's still a buyer's market.

    She says a further OCR cut could help make entering the market a bit more affordable.

    Baird says they're already hearing from agents across the country, of a more positive sentiment.

    © 2025 Newstalk ZB, NZCity

     Other Business News
     16 Oct: The cost to build a home appears to be on an upwards trajectory, but less so than in recent years
     16 Oct: Singapore, 'so dependent on external demand', braces for tariff hit
     16 Oct: Cautious optimism New Zealand could once again be home to the now-extinct Moa, by the year 2035
     16 Oct: Air New Zealand denies data revealing New Zealand's domestic airfares have increased 63-percent in six years
     15 Oct: Mooove over dairy and beef cows, for a new hybrid breed on the block
     15 Oct: Expectations Government moves to cut red tape - could save hospitality businesses money
     15 Oct: About 50 unionised factory workers at Resene are striking outside the company's Lower Hutt office
     Top Stories

    RUGBY RUGBY
    Former New Zealand halfback Ant Strachan has commended Folau Fakatava for working his way back into the minds of All Blacks selectors More...

    BUSINESS BUSINESS
    The cost to build a home appears to be on an upwards trajectory, but less so than in recent years More...


     Today's News

    		 Netball:
    No regrets from Silver Ferns goal shoot Grace Nweke over her post-match speech in support of coach Dame Noeline Taurua during the South African series finale last month 8:27

     Politics:
    The Foreign Minister instructed officials to bring Trevor Mallard back early - the same day his successor was approved 8:17

     Business:
    The cost to build a home appears to be on an upwards trajectory, but less so than in recent years 8:17

     Motoring:
    Mercedes are sticking with the status quo next Formula One season 8:17

     Law and Order:
    A coroner's report reveals the occupants of one car were seen huffing nitrous oxide before crashing in May 2024 - killing five people 8:07

     Business:
    Singapore, 'so dependent on external demand', braces for tariff hit 7:57

     Business:
    Cautious optimism New Zealand could once again be home to the now-extinct Moa, by the year 2035 7:57

     Business:
    Air New Zealand denies data revealing New Zealand's domestic airfares have increased 63-percent in six years 7:47

     Politics:
    Pakistan and Afghanistan agree to temporary ceasefire after deadly violence along border 7:27

     Cricket:
    Pakistan have secured a 93-run victory over world champions South Africa on the fourth day of their first cricket test at Lahore, taking the eight wickets needed to go 1-nil up in the two-match series 7:27

     News Search




    Power Search

    © 2025 New Zealand City Ltd