Newsroom

The OCR rises to 2.75%. LJ Hooker explains what the decision means for New Zealand property buyers, vendors and the wider housing market.

First home buyers are driving New Zealand’s housing market, making up more than 28% of purchases in Q2, a record share, according to LJ Hooker’s July 2026 NZ Market Overview.

RBNZ lifts the OCR to 2.50%, adding pressure to borrowing costs and reinforcing a measured market. Buyers stay cautious and selective, making realistic pricing crucial for sellers.

LJ Hooker celebrates 29 years at Fieldays, strengthening ties with rural communities and showcasing property opportunities across various markets.

The 2026 New Zealand Budget, which emphasises long-term housing supply and planning reform, aiming for gradual recovery in the property market.

Why more New Zealanders are choosing the Waihi Beach lifestyle, blending relaxed coastal living with modern conveniences for families and professionals alike.

Clyde in Central Otago, where lifestyle and community blend seamlessly with nature, offering a unique living experience for buyers seeking balance.

Auckland's outer communities, like Clarks Beach, are evolving into lifestyle hubs that offer modern living without sacrificing city access.

Reserve Bank holds OCR at 2.25%: why steady rates support a cautious NZ housing market, as REINZ data shows slower sales, stable prices and uneven regional performance—keeping confidence intact but leaving momentum fragile as buyers remain selective.