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 commute by public transport if it was free?
Using your car is convenient, except for finding parking.
Cycling lets you leave anytime, but you might arrive soaked.
So, neighbours, if public transport had the perk of being free, would it be your main way to commute?
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68% Yes
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29% No
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3% Other - I'll share below
What's your favourite recipe for gooseberry?
Love gooseberries? Share your favourite way to enjoy them. We're looking for our readers' favourite family recipes for this delicious crop. Send yours to mailbox@nzgardener.co.nz, and if we use it in the magazine, you will receive a free copy of our December 2024 issue.
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