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“… over the last 18 months, house prices have gone nowhere. That will change next year. Interest rate cuts will fuel confidence, and confidence will generate activity.” Jarrod Kerr, Kiwibank Chief Economist This bold statement from Kiwibank’s Chief Economist signals positive sentiment for the property market in 2025. Kerr is
Chelsea Kennedy, Napier Sales Manager for New Zealand Sotheby’s International Realty (NZSIR), provides her insights into the Hawke’s Bay residential property market and the traditional spring selling season. Currently, the Hawke’s Bay property market is experiencing an increase in listings (35.6% increase year on year), presenting the highest number of
Our Napier and Havelock North teams are feeling good, armed with knowledge, skills, and terrific marketing tools they are performing really well in a property market that is active and transacting an increasing number of properties. But you won’t read that in the media. I can bet you a dollar