Campbell Dunoon: LJ Hooker Group Head of Network NZ on the impact of the OCR cut on the property market

Early Edition with Ryan Bridge

Content provided by NZME and Newstalk ZB. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by NZME and Newstalk ZB or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

1M ago 2:32

MP3•Episode home

An OCR cut could be behind an incoming boost in property market activity.

The Reserve Bank's cut the Official Cash Rate by 50-basis points to 4.75%.

Banks have lowered home rates in response to the cut.

Finance Minister Nicola Willis is celebrating the move as fantastic news and sees it as a sign inflation is under control.

LJ Hooker's Campbell Dunoon told Ryan Bridge this year's market has been cautionary

He says the stock has been there, and this will give buyers a nudge to participate.

LISTEN ABOVE

See omnystudio.com/listener for privacy information.

3349 episodes

#New Zealand Current Affairs #NZME #Newstalk ZB #News #New Zealand