Auckland Apartment Report | January 2022

How Low Can It Go? The Reserve Bank cut the Official Cash Rate (OCR) on 20 August from 3.25% to 3%. This marks a 2.5 percentage point drop since the easing cycle began exactly a year ago. In May, the bank anticipated the OCR would bottom out at 2.9% in … Read more

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Pause For Breath The Reserve Bank of New Zealand held the Official Cash Rate (OCR) at 3.25% on 9 July, as widely expected. According to Interest.co.nz, the Monetary Policy Committee opted to pause while it assessed persistent inflation pressures and the pace of the country’s economic recovery. While a rate … Read more

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