This Week's Lifestyle Properties and Open Homes

As we head into this long Kings Birthday weekend, we also welcome the arrival of winter. The days are noticeably longer, although it is only three weeks until the shortest day of the year!

The OCR drop to 3.25% this week was welcome news—albeit widely anticipated. Another cut is expected in July, which should further support new buyers as we head into winter. Finance applications are still taking 15 days or more to process however, their approval continues to feed new buyers into the market. Each week, we’re genuinely seeing fresh buyers actively looking to make decisions. While enquiry levels and open home attendance have been relatively light, the quality of buyer interest has stayed strong. This is largely thanks to improving economic signals like the OCR movement, which helps build confidence. There are still around 150 listings on the market, with new stock coming on as existing properties sell, so there is still plenty to choose from. Price remains a key factor for buyers, with the astute keeping a close eye on those that have been on the market over that 90 day mark.

SOLD this week
222 McKenzie Road, Kahuranaki

This week's new listing:
122 Waipunga Road, Eskdale - 1.64ha lifestyle with many facets - bush, grazing, privacy, views and a solid three-bedroom home. Owners are priced to go with Offers over $925,000. Please contact me for further details and viewings.

Under Contract
74 Longlands Road East
1987 Pakowhai Road
2028 Taihape Road
2553 Taihape Road
664A Swamp Road
4934 Puketitiri Road
39 Waitara Road

Enjoy a lovely long weekend whether you are travelling away or staying home.  We have another great selection of open homes and look forward to seeing you around the region checking a few of them out!