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 

An OCR cut could be behind an incoming boost in property market activity.&nbsp;
The Reserve Bank's cut the Official Cash Rate by 50-basis points to 4.75%. &nbsp;
Banks have lowered home rates in response to the cut.&nbsp;
Finance Minister Nicola Willis is celebrating the move as fantastic news and sees it as a sign inflation is under control.&nbsp;
LJ Hooker's Campbell Dunoon told Ryan Bridge this year's market has been cautionary&nbsp;
He says the stock has been there, and this will give buyers a nudge to participate.&nbsp;
LISTEN ABOVE&nbsp;

A fresh and intelligent start to your day - catch the very latest international and domestic news developments, sport, entertainment and business on Early Edition with Ryan Bridge, on Newstalk ZB.

A fresh and intelligent start to your day - catch the very latest international and domestic news developments, sport, entertainment and business on Early Edition with Ryan Bridge, on Newstalk ZB.

Early Edition with Ryan Bridge

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

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/6c409491-24cc-4a77-bc37-b204014a39b9/transcript

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