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As expected the RBNZ cut the OCR to 2.25% today, and also signalled that this may be the last cut in the cycle.
In this reactionary episode of the podcast, Nick and Kelvin run through the reasons for the latest decision, and also what the RBNZ forecasts look like in 2026 and beyond - for GDP, employment, house prices, inflation, and the OCR itself.
A house price upturn looks likely in 2026, but restraints such as DTI caps should mean it's modest rather than a fresh boom.
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The NZ Property Market Podcast