The sales rate hit the two thirds mark at the latest residential property auctions monitored by interest.co.nz. There were 350 properties offered at auctions monitored by interest.co.nz over the week from 17-23 February, which was up 25% compared to the equivalent week (18-24 February) of last year. Although that was a reasonable increase in properties being […]
ANALYSIS: Don’t be surprised if the Reserve Bank slashes the official cash rate by as much as 50 basis points within days. The Reserve Bank isn’t scheduled to make its next announcement on the official cash rate (OCR) until March 25. But ANZ chief executive Sharon Zollner says the market is “rife with rumours” that central […]
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