The latest mega drop in the OCR rate to an all time low of 3.5% is clearly good news for the residential market. It will be interesting to see how quickly this rate flows to retail rates. Certainly buyers are pre-empting lower rates – the phones are ringing.
On another note, isn’t it great to have International Yachting back on the harbour! Make sure you find a vantage point to take it all in this weekend!
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Real Estate, New Zealand Real Estate, Auckland Real Estate, real estate agents Auckland, residential property, market analysis, Auckland property market, buying real estate in New Zealand, selling your house, Remuera, Kohimarama, Mission Bay, St Heliers, Glendowie, Meadowbank, Onehunga, Mt Eden, Epsom, Ponsonby, Freemans Bay, Herne Bay, Westmere, Pt Chevalier,
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