The October Auction Round Up

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

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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

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