The ramifications of the interest rate cut on May 20 have clearly injected a greater sense of positivity and heightened interest in the property market. While not transformative overnight, this rate reduction has been influential in creating a more encouraging atmosphere, leading to an increase in buyer engagement.
We have seen stronger interest in enquiries and open for inspections, with buyers showing a more decisive level of confidence. This adjustment in rates appears to have stimulated the curiosity of those who had previously been sitting on the sidelines, encouraging them to revisit their purchasing plans with a keener eye. Although this activity hasn't drastically shifted market dynamics, it certainly has spurred measured optimism and a willingness amongst buyers to actively explore available opportunities.
Consistent with what we've observed throughout this year, the market remains balanced, offering fair conditions for both buyers and sellers. This equilibrium has been a defining characteristic of the 2025 market and continues to hold steady as we progress through May. As winter sets in and school holidays approach, the property market typically enters a quieter phase. Many current listings are aiming to secure sales before this seasonal slowdown takes hold.
If you are considering buying, selling, or simply exploring your options, the current climate presents advantageous conditions to make well-informed property decisions. Our team is ready to provide the guidance you need. For personalised advice or to discuss your property goals in detail, please contact your local Marshall White sales team — we look forward to assisting you in navigating this promising market landscape.
