August delivered another interest rate cut and some major reform news out of Wellington. While lower borrowing costs are great news for buyers, the real shake-up came with the Government’s move to shift liability in building defects away from councils. If managed well, this could unlock higher-quality developments and restore market confidence. Add to that growing buyer competition, a wave of pre-approvals, and the soon-to-open Convention Centre ramping up investor interest, and the outlook for spring is looking strong.

Auckland Central is shifting gears. Buyer confidence is lifting, owner-occupiers are re-entering the market, and major infrastructure upgrades are nearing completion, including the long-awaited CRL and a brand-new CBD police station. In this month’s market update, I break down what’s really happening behind the median price headlines, and why now could be a smart time to sell before the spring surge.

The market continues to strengthen across Auckland Central, with May bringing another boost in momentum. The Reserve Bank’s latest OCR cut to 3.25 percent has helped ease borrowing pressure, and buyers are stepping back in with confidence. Auctions are gaining traction, and well-presented apartments are attracting competitive interest, a clear sign that conditions are shifting in favour of sellers.

The market continues to strengthen across Auckland Central, with May bringing another boost in momentum. The Reserve Bank’s latest OCR cut to 3.25 percent has helped ease borrowing pressure, and buyers are stepping back in with confidence. Auctions are gaining traction, and well-presented apartments are attracting competitive interest, a clear sign that conditions are shifting in favour of sellers.

The market is moving… and fast. With interest rates easing and buyer enquiry surging across Auckland Central, conditions shifting in favour of sellers. Increased borrowing power, renewed first-home buyer confidence, and the approaching completion of the City Rail Link are all fueling momentum. If you’ve been waiting for the right moment to act, this may be it.