This Week's Lifestyle Properties and Open Homes

It's been another productive week with some great sales on the board and more new listings coming in. Overall, the sales reported this far for October remain steady with some excellent values achieved. This week we had a good overview of the broker market from a local mortgage broker.  Key points were that the OCR drop creates a flurry of competition among banks to lower their rates. This then creates a back log in lending applications in the system which in turn means that pre-approved buyers are likely not yet in the market. So, while there’s lots of new listings, there is an expectation that there are still many new buyers set to enter the market in the coming weeks. With another drop predicted for November, (current thinking is .75 vs .50) this will likely happen again and there will be another lag between the change and the new buyers entering the market. It's easy to read into this that the influx of new buyers to the market will create additional competition for properties, helping to push prices up.  So if you are seeking pre-approval or are ready to make your move, now could actually be your best time!

SOLD this week by the lifestyle team
167 Richmond Road, Clive
141 Wenley Road, Raukawa
164 & 166 Beach Road, Tangoio (relocatable homes)

Under Contract
67 Te Mata Peak Road, Havelock North
627 Taupo Road, Eskdale
1387 Matapiro Road, Crownthorpe

Price Changes
192 Beach Road, Tangoio - now asking Offers over $257,000
67 Te Mata Peak Road - asking Offers over $1,300,000

This Week's New Listings
1049 Puketitiri Road, Puketapu - this is the total package and in a very convenient location! 1.3Ha, modern family home, amazing gardens and grounds, shedding, grazing and native bush. For sale by Tender closing 4.00pm Thursday 21st November 2025.

58 Te Apiti Road, Waimarama - back on the market, this very stunning home is on the market to be sold! Come and enjoy a summer like no other.  Close to the beach, tucked away in the bush with the most amazing views from this sensational home. Phone to arrange your private viewing today.

It's Hawke's Bay Anniversary Day today so a holiday for us here, making for an extra long weekend! The A & P Show is in full swing, summer has shown up in force with temperatures in the high 20's and we have another great selection of open homes on Sunday. Whether you are escaping for a trip away, or enjoying some long-awaited time around the home, we hope you get to enjoy it with family and friends. We are on deck throughout the weekend so please call with your real estate enquiries .