Positive Momentum, But Still a Few Speed Bumps Ahead “We’re definitely seeing signs of momentum,” says Daniel Horrobin, Director of City Realty Group. “The Reserve Bank of New Zealand has now cut the Official Cash Rate at five consecutive policy meetings — and there’s speculation a sixth cut could come … Read more
Market Warming Up, But Brakes Not Fully Off Yet “Despite recent OCR cuts, with more anticipated in coming months, it would appear the economic recovery has not quite gained the momentum many expected,” says Daniel Horrobin, Director of City Realty Group. While rate drops have sparked optimism, many are still … Read more
OCR Drop Sparks Market Optimism The Reserve Bank’s much-anticipated Official Cash Rate (OCR) cut on February 19 did not disappoint, says Daniel Horrobin, Director of City Realty Group. As reported by Stuff on February 20, the OCR was lowered by 50 basis points to 3.75%, with banks quick to respond … Read more
Big Day Out “Our BIG Auction Day on 30 January was eagerly anticipated and did not disappoint” reports Daniel Horrobin, Director of City Realty Group. But first. “As we await the upcoming OCR announcement on 19 February” says Daniel, “banks generally appear to be getting on with business with Stuff … Read more
On December 17th, the City Realty Group celebrated the festive season in style at Parasol & Swing. Teams from Mt Roskill, Wynyard Quarter, Auckland Central, Sandringham, and Residents and Projects came together for an unforgettable evening filled with laughter, connection, and holiday cheer. It was a night to reflect on … Read more
Heads Up – Eyes Front “With 2025 off to a strong start, the year is shaping up to be incredibly promising, highlighted by our highly anticipated Auction Day on 30 January,” says Daniel Horrobin, Director of City Realty Group. “We’re gearing up for a huge Auction Day on 30 January, … Read more
Numbers Count “The November 27 cut in the OCR was predicted and very welcome,” says Director of City Realty Group, Daniel Horrobin. This marks the third consecutive cut to the OCR since August, which is now at its lowest level since November 2022. Further good news was reported in the … Read more
At City Realty Group, we take pride in recognizing the dedication and achievements of our top-performing agents who continue to raise the bar in the competitive world of real estate in Wynyard Quarter and Central Auckland. During our recent Quarterly Awards, we celebrated the outstanding efforts of our team in … Read more
Auckland Central was ranked 7th in OneRoof’s “Hot 100 Suburbs to Watch in 2025,” celebrated for its unmatched mix of city vibrancy, lifestyle amenities, and investment promise. Our central suburb is cherished for its lively arts scene, shopping, dining, and proximity to the waterfront, providing residents with a unique blend … Read more
OCR Driving Activity Director of City Realty Group, Daniel Horrobin: “The October 9 cut in the OCR by a further 50 basis points has driven a further surge in market activity across the country.” “Our Ray White Corporate office reports the number of sales completed across the group was 30.2% … Read more