Affordability and access to credit driving activity\u00a0<\/p>\n
Affordability is another factor luring buyers back. According to realestate.co.nz, 60% of July listings were priced under $850,000.\u00a0<\/p>\n
\u201cFirst-home buyers are taking advantage of softer prices, improved access to credit, and better affordability,\u201d Tiller said.\u00a0<\/p>\n
\u201cInvestors are stepping back into regional markets where yields remain strong, and vacancy rates are low. Many upgraders and movers, who paused during the downturn, are also re-entering the market as conditions stabilise.\u201d\u00a0<\/p>\n
Spring outlook: Momentum building\u00a0<\/p>\n
Looking ahead, Tiller said the recent momentum could build further.\u00a0<\/p>\n
\u201cIf current trends continue, with tight listings, rising demand, and falling interest rates, we\u2019re likely to see an active spring selling season and upward pressure on prices,\u201d he said. \u201cThe market doesn\u2019t need a boom to bounce back. A steady shift in sentiment is all it takes, and right now, that shift is underway.\u201d\u00a0\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"Affordability and access to credit driving activity\u00a0 Affordability is another factor luring buyers back. According to realestate.co.nz, 60%…\n","protected":false},"author":2,"featured_media":61121,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[49394,64,63,99,11152,49395,171],"class_list":["post-61120","post","type-post","status-publish","format-standard","has-post-thumbnail","category-markets","tag-affordability","tag-au","tag-australia","tag-business","tag-housing-market","tag-listings","tag-markets"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/61120","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=61120"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/61120\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/61121"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=61120"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=61120"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=61120"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}