All the economic commentary lately is centred around the geopolitical climate and its effects on all aspects of everyday life. Between the volatile nature of the world’s nations reacting to the on again off again tariff rules instigated by the USA and the disruption to trade because of the conflict zones in Eastern Europe, then Middle East and southern Asia.
On a local and regional note we see a small increase in confidence appearing in the market. The awaited improvement from lower interest rates has rippled through to the residential market but the commercial catch up is still lagging and probably will be early 2026 we see any real gains. This coupled with lending institutions being risk averse in the market makes it harder for ideas to grow to fruition.
All being said, if you have available equity or cash, now could be a positive time to look at your opportunities.
For everything commercial contact Wayne Scott on 0274983312 or wayne@realkerikeri.co.nz