All Blogs

But that doesn’t mean it’s a bad time to sell. In fact, some suburbs across Auckland -particularly in the eastern suburbs, such as Howick, Pakuranga and Flat Bush – are already showing early signs of renewed interest and stronger buyer…

What is the OCR?

The Official Cash Rate (OCR) is the interest rate set by the Reserve Bank to help control inflation and keep the economy stable. It influences how much banks charge for home loans and rates for savings – so when the OCR goes down, mortgage rates usually drop too.

When you put your home on the market, it’s natural to hope for strong offers early on. But when that doesn’t happen, many sellers assume their price expectation must be wrong. In reality, buyer feedback is one of the most powerful tools an agent can use to help you understand what the market is saying – and make the adjustments needed to achieve a sale.