Metricon Welcomes RBA Rate Cut, Urges Buyers to Act Before Pent-Up Demand Surges

Metricon, Australia’s leading home builder, has welcomed today’s widely anticipated rate cut by the Reserve Bank of Australia (RBA), calling it a critical confidence boost and a defining signal for homebuyers to re-enter the market.

The RBA’s decision to reduce the official cash rate by 0.25% follows a period of economic uncertainty and policy tightening that saw many Australians adopt a wait-and-see approach. With the landscape now shifting, Metricon CEO Brad Duggan says the window of opportunity is officially open - but it won’t stay open for long.

“This rate cut is the green light many homebuyers have been waiting for,” Mr Duggan said. “It unlocks affordability and sends a strong signal that conditions are improving. But history shows that once confidence returns, demand can surge quickly - and buyers who act now will be best placed to benefit.”

Each week, more than 2,500 people are walking through Metricon display homes nationwide - clear evidence of strong underlying interest from prospective buyers waiting for the right moment to make their move.

“We know the demand is there,” Mr Duggan said. “Our displays are buzzing, website traffic is climbing, and customers are telling us they’re ready to buy. Today’s announcement provides the confidence they’ve been holding out for.”

In addition to welcoming the rate cut itself, Metricon also acknowledged the importance of consistent messaging from the RBA.

“The rate cut sends the right signal, but homebuyers need consistency and clarity,” Mr Duggan added. “Mixed messages from the RBA have kept many Australians in a holding pattern. Greater transparency can empower more people to act with confidence and plan their future with certainty.”

Metricon expects market activity to accelerate as borrowing costs ease and sentiment improves. However, Mr Duggan warned that those who delay could face increasing competition, fewer available lots, and longer wait times as momentum builds.

“This is a rare opportunity to get ahead of the curve,” he said. “Acting now means securing the best locations, pricing and build timelines - before the inevitable post-cut surge in buyer demand.”

Metricon continues to support customers with flexible, fixed-price home packages, a wide footprint of display homes, and expert guidance to help navigate the building journey with confidence.

“We’re ready for this moment - and so are thousands of Australians,” Mr Duggan said. “For those who’ve been on the fence, now is the time to step forward.”