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: Cast your vote for NZ's Merriest Home 2024
Neighbourly members across the country have been sharing their festive decor to be in to win the title of NZ's Merriest Home. We've narrowed the entries down to six finalists (our toughest feat yet!).
Now it's up to you!
Click on the name of the finalist to see all of their photos before you cast your merry vote!
Nishan Wijesinghe from Te Atatu South - See all photos here
Mark Williams from Tamatea - See all photos here
Linda Clack from Cockle Bay - See all photos here
Luke Murphy from Hornby - See all photos here
Joanne Isles from Hokowhitu - See all photos here
Kirstyn Tait from Wigram - See all photos here
The finalist with the most votes will win the title of NZ's Merriest Home and $200 to go toward more Christmas goodies!
You can also enlarge the images below by clicking on them. Happy voting, neighbours!
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17.3% Nishan Wijesinghe from Te Atatu South
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27.9% Mark Williams from Tamatea
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6.1% Linda Clack from Cockle Bay
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25.9% Luke Murphy from Hornby
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6.9% Joanne Isles from Hokowhitu
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16% Kirstyn Tait from Wigram