New Zealand's biggest bank, ANZ, has downgraded its forecast for property prices this year. 

It says its previous forecast of 5% is looking unrealistic as the OCR looks to be making a turn soon and market prices are already falling - now saying a 2% rise is more likely. 

Meanwhile, economists are laying out their predictions for when we'll see the OCR make that turn. 

Many say it won't be until 2027, but some are predicting a rise as soon as the second half of this year. 

LISTEN ABOVE

New Zealand's biggest bank, ANZ, has downgraded its forecast for property prices this year.&nbsp;
It says its previous forecast of 5% is looking unrealistic as the OCR looks to be making a turn soon and market prices are already falling - now saying a 2% rise is more likely.&nbsp;
Meanwhile, economists are laying out their predictions for when we'll see the OCR make that turn.&nbsp;
Many say it won't be until 2027, but some are predicting a rise as soon as the second half of this year.&nbsp;
LISTEN ABOVE

Home is where the heart is, and there’s no question that Kiwis LOVE property. Newstalk ZB’s OneRoof Radio Show is a full-house of property talk, tips and tricks. 

Leading industry experts join us to discuss and debate the latest in market trends, investments, DIY and much more. Step inside The OneRoof Radio Show and make yourself at home.

Home is where the heart is, and there’s no question that Kiwis LOVE property. Newstalk ZB’s OneRoof Radio Show is a full-house of property talk, tips and tricks. Leading industry experts join us to discuss and debate the latest in market trends, investments, DIY and much more. Step inside The OneRoof Radio Show and make yourself at home.

Home is where the heart is, and there’s no question that Kiwis LOVE property. Newstalk ZB’s OneRoof Radio Show is a full-house of property talk, tips and tricks. 

Leading industry experts join us to discuss and debate the latest in market trends,...

The OneRoof Radio Show

Bryan Thomson: "Fast, simple way" of working out the property market

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/b4046b03-171b-44a0-86d3-b3e30044c2fe/transcript

Westpac's economists are picking 6 consecutive OCR hikes from December - they're forecasting that it will hit 4% by the end of next year. 

The OCR dropped to 2.25% just before Christmas, which is where it stands now, but there have been rumblings for some time that we'd start seeing hikes soon, as all major banks lifted long-term loan rates. 

LISTEN ABOVE

Westpac's economists are picking 6 consecutive OCR hikes from December - they're forecasting that it will hit 4% by the end of next year.&nbsp;
The OCR dropped to 2.25% just before Christmas, which is where it stands now, but there have been rumblings for some time that we'd start seeing hikes soon, as all major banks lifted long-term loan rates.&nbsp;
LISTEN ABOVE

Martin Cooper: Westpac picks 6 OCR hikes

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/8c38c73a-d010-4081-9e34-b3f100467897/transcript

Those in the market to buy a new home either know or will learn very quickly, that an agent is essential in the process. 

Sure, we can search agency websites and windows ourselves, or scroll through OneRoof after work every day - but we're doing ourselves a disservice if we don't have an agent keeping an eye out for a place with the right metrics for us. 

Here's the problem - these agents legally work for the seller. 

LISTEN ABOVE

Those in the market to buy a new home either know or will learn very quickly, that an agent is essential in the process.&nbsp;
Sure, we can search agency websites and windows ourselves, or scroll through OneRoof after work every day - but we're doing ourselves a disservice if we don't have an agent keeping an eye out for a place with the right metrics for us.&nbsp;
Here's the problem - these agents legally work for the seller.&nbsp;
LISTEN ABOVE

Ed McKnight: Finding the right agent for you

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/1df700d9-6eb0-4553-9505-b3ea0041dbb2/transcript

Normally when property comes up in discussion, it's focused on the plight of the youngsters who are fighting to get on to the property ladder. But today, we're switching it up a bit.

Your house is likely the most expensive thing you own, that applies for everyone who's lucky enough to own one. So how do you manage your money with it?

How old is too old to be investing in property? Are you worried that you've left it too late? At what point does it stop being worth it? 

Managing director of property investment company Opes Partners Andrew Nicol joins Tim Beveridge to give advice on property investment. 

LISTEN ABOVE

Normally when property comes up in discussion, it's focused on the plight of the youngsters who are fighting to get on to the property ladder. But today, we're switching it up a bit.
Your house is likely the most expensive thing you own, that applies for everyone who's lucky enough to own one. So how do you manage your money with it?
How old is too old to be investing in property? Are you worried that you've left it too late? At what point does it stop being worth it?&nbsp;
Managing director of property investment company Opes Partners Andrew Nicol joins Tim Beveridge to give advice on property investment.&nbsp;
LISTEN ABOVE

Andrew Nicols: How old is too old to invest in property?

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/951c1cfd-8756-4c61-b595-b3dc004429fa/transcript

Bryan Thomson: "Fast, simple way" of working out the property market

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