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: Are our Kiwi summer holidays helping us recharge, or holding the economy back? ☀️🥝
There’s growing debate about whether New Zealand’s extended Christmas break (and the slowdown that comes with it) affects productivity.
Tracy Watkins has weighed in ... now it’s your turn. What’s your take? 🤔
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72.2% We work hard, we deserve a break!
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16.7% Hmm, maybe?
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11.1% Yes!
Brain Teaser of the Day 🧠✨ Can You Solve It? 🤔💬
How many balls of string does it take to reach the moon?
(Peter from Carterton kindly provided this head-scratcher ... thanks, Peter!)
Do you think you know the answer? Simply 'Like' this post and we'll post the answer in the comments below at 2pm on the day!
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