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Monthly Industry Notes - October

Finance

“The Christchurch property market continues to show resilience through August, with Canterbury remaining one of the stronger-performing regions nationally. Property values have remained relatively steady, with Christchurch continuing to attract solid buyer demand supported by employment, population growth and relative affordability compared with other major centres.

Buyers still have a good level of choice in the market, creating opportunities for those who are prepared and have their finance organised. From a lending perspective, we’re continuing to see strong activity from first-home buyers, investors and existing homeowners looking to upgrade or refinance.

Banks remain competitive for quality lending, with options still available for buyers with smaller deposits. With interest rates and lending policies continuing to change, choosing the right lender and loan structure remains important.

At Rayen & Wood Financial Services, we’re encouraging buyers to get pre-approved early so they understand their position and are ready to act confidently when the right Christchurch property comes up.”

Picture of Logan Wood

Logan Wood

Rayen & Wood Financial Services
📍 189 Montreal Street, Christchurch Central City, Christchurch 8011
🌐 www.rwfinancial.co.nz/ | 📞 +64 800 284 868

Property

“As we move into spring, Hokitika is presenting some interesting opportunities for property investors. With the median sale price sitting around $465,000 and median rents at approximately $500–$600 per week, our region offers an opportunity to explore rental investments without the higher purchase prices seen in many larger centres. Rental prices have also increased by 11.1% over the past year, making it a good time to review what our local market has to offer. For investors looking to grow their portfolio, the key is finding the right property at the right price, with rental returns and long-term potential that make financial sense.

What I’m particularly interested in is attracting more property investors to our region. With rental prices increasing and Hokitika offering a more accessible entry point than many larger centres, there are opportunities worth exploring, provided the numbers stack up.

At Ray White Hokitika, we’re keen to connect with investors looking to purchase their first rental, add to an existing portfolio, or invest from outside the region. We can help identify suitable properties and provide local rental appraisals and ongoing property management support.

If you’re an investor, or know someone looking to invest on the West Coast, I’d love to have a conversation.”

Picture of Shelley Bainbridge

Shelley Bainbridge

Owner / Principal / Licensed Agent, Ray White Hokitika
📍 5 Weld Street, Hokitika 7810
🌐 rwhokitika.co.nz | 📞 027 340 2400

Technology

“AI adoption among small and medium businesses has genuinely accelerated this month, with roughly three times the enquiries we were getting six months ago. Most owners aren’t chasing anything flashy; they want help automating admin, customer service, and reporting so small teams can punch above their weight.

The bigger story though is cybersecurity. With more small businesses shifting invoicing, payroll, and customer data online, we’re seeing a real spike in phishing attempts targeting payment systems. A few local businesses we work with have had close calls with fake supplier emails requesting bank detail changes. If your team hasn’t had a security refresher in the last year, this is the month to do it. Exciting time to be in tech, but the fundamentals matter more than ever.”

Picture of Marcus Chen

Marcus Chen

Founder, Chen Digital Solutions
📍 88 Customs Street West, Auckland CBD, Auckland 1010
🌐 chendigital.nz | 📞 (09) 555 0271

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