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17 Nov 2025 12:01
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      Home > News > Business

    An OCR cut could be behind an incoming boost in property market activity

    An OCR cut could be behind an incoming boost in property market activity


    The Reserve Bank's cut the Official Cash Rate by 50-basis points to 4.75-percent.

    Banks have lowered home rates in response to the cut.

    Finance Minister Nicola Willis is celebrating the move as fantastic news and sees it as a sign inflation's under control.

    LJ Hooker's Campbell Dunoon says this year's market has been cautionary

    He says the stock has been there - and this will give buyers a nudge to participate.

    © 2025 Newstalk ZB, NZCity

     Other Business News
     17 Nov: The cost of Christchurch City Council's five-year battle against city-wide housing intensification has been tallied
     17 Nov: Activity's been picking up in the housing market
     17 Nov: Surprise but also apprehension for the Kiwi red meat sector over the US President reversing his 15-percent tariffs on beef
     16 Nov: Lotto winners could make their millions go further
     15 Nov: Food price inflation's heading back up again with supply costs increasing at an accelerated pace
     15 Nov: The cost of food appears to show no signs of easing
     14 Nov: The Prime Minister's again talking about raising the retirement age
     Top Stories

    RUGBY RUGBY
    The All Blacks have arrived in Wales, battered and bruised mentally and physically More...

    BUSINESS BUSINESS
    The cost of Christchurch City Council's five-year battle against city-wide housing intensification has been tallied More...


     Today's News

    		 Accident and Emergency:
    Three children and a man killed in a house fire in Manawatu's Sanson on Saturday - have been identified through a Givealittle page 11:37

     Business:
    The cost of Christchurch City Council's five-year battle against city-wide housing intensification has been tallied 10:47

     Rugby:
    The All Blacks have arrived in Wales, battered and bruised mentally and physically 10:27

     Education:
    Why 'not just living for the weekend' may be a social media trend for good 10:17

     National:
    Asbestos has been found in children’s coloured sand. What’s the risk to kids? 10:07

     Business:
    Activity's been picking up in the housing market 10:07

     Health & Safety:
    A superbug outbreak at Christchurch Hospital is linked to a larger cluster, in Auckland 9:27

     Cricket:
    A seven-run triumph for New Zealand in the opening one-day cricket international against the West Indies in Christchurch, but the win may have come at a middle-order cost 8:57

     Netball:
    The Silver Ferns three-test netball series against England is heading to a decider after the hosts' 61-58 second test win in London 8:07

     Environment:
    The fire is out, but Tongariro is now at risk of losing its unique biological legacy 8:07

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