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28 Nov 2025 13:35
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      Home > News > Business

    It's thought next year could bring some heat back to the housing market

    It's thought next year could bring some heat back to the housing market


    There have been seven reductions in the OCR since last August.

    Ray White Head of Auctions Sam Steele expects to see prices pick up steam in the middle or end of next year.

    He says there's already some positive signs for the real estate sector.

    Steele says auctions and the number of people bidding in them is already starting to increase.

    © 2025 Newstalk ZB, NZCity

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     Today's News

    		 Cricket:
    Canterbury have bowled Otago out for 342 in their first innings, on day three of their second-round men's Plunket Shield cricket match in Dunedin 13:27

     Law and Order:
    Police say they've made a breakthrough - cracking down on a transnational crime syndicate allegedly smuggling drugs through Auckland Airport 13:17

     Entertainment:
    Billie Eilish thinks her new fragrance has the same "spooky vibe" as her song Chihiro 13:08

     Netball:
    More than a warm welcome for new Queensland Firebirds goal attack Te Paea Selby-Rickit 13:07

     Environment:
    Hong Kong residents devastated by mega blaze engulfing blocks of flats in Tai Po district 13:07

     Entertainment:
    Jennifer Lawrence has admitted the dog in Die My Love "annoyed the s***" out of her 12:38

     Law and Order:
    Christchurch Police say they've exhausted all leads in their investigation into a gang-related shooting in Wainoni more than two weeks ago 12:27

     Entertainment:
    Genevieve Chenneour has been left "so shaken" after she was attacked in London for the second time this year 12:08

     National:
    Tom Phillips inquiry: one family’s tragedy now a chance to reform NZ’s child protection system 12:07

     Entertainment:
    Steven Knight has refused to "second guess what people want" while writing the new James Bond movie 11:38

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