NZ Housing Market Q&A [NZ OCR, Inflation Rate, House Prices NZ]

Watch our latest video where Nathan Najib from Najib Real Estate talks about NZ OCR (Official cash rate), inflation rate currently and is the housing nz market going to crash?
00:13 Q1) When this video goes live, the official cash rate will have been announced, and many expect it to remain at 5.5 percent. Do you agree and when do you think the RBNZ will drop the official cash rate?
01:21 Q2) Inflation has dropped from 7.3% in 2022 to 4% last quarter. Why are we still seeing everyday items like groceries and petrol increasing, yet inflation is somehow dropping?
Related links: bit.ly/3WM9Jhx
03:24 Q3) What are you currently seeing with the demand for properties?
04:15 Q4) How do you see the oversupply of houses for sale affecting house prices in the next 6 months?
05:05 Q5) You always say Predict, Prepare and Persevere. We’re probably at the stage for many kiwis, where now they must persevere. What tangible tips can you give to those, who are struggling with the high cost of living?
Related links: NZ House price predictions 2024
bit.ly/3yCvbLG
06:48 Q6 When do you think there will be light at the end of the tunnel? (seasons of real estate)
Related links: bit.ly/3QVNcuT
Join the conversation in the comments section - share your thoughts, or questions! Najib is here to engage with you and provide additional insights.
Don't forget to like, subscribe, and hit the notification bell to stay updated on our latest real estate tips and trends. Whether you're a local or looking to invest from afar, Najib Real Estate is your go-to source for all things Christchurch property.
Please feel free to contact us at:
Nathan Najib
027 514 0775
[e-mail]
Najib Real Estate
03 326 7914
116 Peterborough Street, Christchurch Central 8013
[e-mail]
#ocrnz #officialcashratenz #rbnz #nzinflation #newzealand #interestrates #christchurchpropertymarket #christchurchnz #realestate #realestatenz #whatdoesocrstandfor #nzocrrate
What does ocr rates stand for, What is the nz ocr rate, What rate is the nz ocr
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What is inflation in nz, What is the inflation rate in nz, Is housing nz market going to crash
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Best type of property to invest in nz

[@xuyang5721]

Brief, clear and hit the point,
I was watching and following this guy Video for a while, he is very honest and good from inside of property trend.
If you interest in property in NZ, following him, he never got wrong so far I knew.

[@najibrealestate929]

Thanks :)

[@henryalferink1941]

Really appreciate this content.

[@najibrealestate929]

Thank you @henryalferink1941!

[@cocobeans-iz3ff]

Nice work man 👍

[@najibrealestate929]

Thanks 👍

[@lovey9131]

Brother, please make video on current housing market.
Data showed May house prices dropped 2.3% compared to April

[@najibrealestate929]

We will do a housing market update for June!

[@stefanleslie2908]

double-speak something that includes this or that then report something that doesn't include the previous statements.

[@robertsmith-lv4fm]

The market will continue on the downward trend for the next 10 years

[@najibrealestate929]

What's your reasoning for this Robert?