Ray White New Zealand saw 158 properties go under the hammer across the country last week, and while this volume is lower than the same period last year, both clearance rates and bidder numbers are higher.
More than 150 real estate professionals gathered at MediaWorks last night for the highly anticipated ‘Canapes and Conversation’ event, hosted by Leading Ladies of Real Estate, New Zealand and Australia’s premier female industry initiative.
Ray White Metro (Christchurch) agent Desere Girdlestone is not a stranger to auctions as a salesperson, having run many auction campaigns for her clients, however, she has recently taken up a new challenge in calling the auctions herself.
With a short week last week, between Easter and Anzac day, Ray White New Zealand had just 119 auctions last week, recording a clearance rate of 41.9 per cent.
New Zealand housing market stabilises as interest rate cuts bring balance. After volatility, median house prices have remained between $750,000-$801,000 for two years, currently at $790,000.
A beachfront property in Mount Manganui has been completely transformed, from a 1970s two-level villa to a contemporary, resort-style abode, and will head to auction next month.
NZ construction faces challenges with crane numbers at lowest since 2016. RLB Crane Index shows 15.3% decline since last quarter, with only 105 cranes now visible nationwide, down from 124 in Q3 2024.
The Myf Porter story
Mortgage holders and prospective buyers will find further relief in the Reserve Bank of New Zealand’s decision to cut the official cash rate (OCR) by another 25bps, to 3.5 per cent, today.
In a game-changing partnership, Ray White has extended its contract with visual communication platform Canva for another two years, with 12 months still left on the contract.
Ray White Manukau, Manurewa, Mangere and Mangere Bridge auctioned 33 properties under the hammer yesterday at their auction event The Day, with a clearance rate of 69 per cent. With Ray White New Zealand auctioneers Sam Steele and Ben East on the gavel, the auction event saw 21 properties sold … Read more
Ray White Manukau, Manurewa, Mangere and Mangere Bridge auctioned 46 properties at their The Day 5.0 auction event on Wednesday. The Day saw a clearance rate of 57 per cent, with a total of $22,128,500 in property sold under the hammer. With Ray White New Zealand auctioneers Sam Steele and … Read more
A T Realty is excited to announce a new collaboration with Nappkin, a New Zealand charity dedicated to supporting new parents, with a strong focus on maternal mental wellness. Nappkin provides crucial assistance to Kiwi parents experiencing severe sleep deprivation and postpartum depression by funding night nanny services. “Sleep deprivation … Read more
Excitement is reaching new heights in Mangere Bridge as Ray White proudly announces four new properties to the market this week. Leveraging its unparalleled local knowledge, Ray White continues to assert its dominance in the real estate landscape, currently commanding an impressive 67% market share. The latest additions to our … Read more
List & sell with A T Realty group in August 2023 and for $3,000 you’ll receive our exclusive marketing package valued at over $5,550!* Terms & conditions 1. Property must be listed for sale by auction between 01 August and 31 August 2023 2. The agency agreement must be signed … Read more
List & sell with A T Realty group in June or July 2023 and for $3,000 you’ll receive our exclusive marketing package valued at over $6,000!* Terms & conditions 1. Property must be listed for sale between 10 June and 31 July 2023. 2. Property must be signed up at … Read more
There was plenty of auction action across the country last week, with Ray White New Zealand recording an all sold clearance rate of 54.5 per cent, up 8.07 per cent on the same time last year. Buyers were out in force, with an average of 2.9 registered bidders and 2.2 … Read more
April has been an interesting month. RBNZ hiked the OCR (official cash rate) to 5.25% at the beginning of the month in a bid to bring inflation down – and it looks like it finally started to work. The inflation rate dropped to 6.70% this quarter. The reduction in the … Read more
List & sell with A T Realty group this spring and you’ll receive $2,500 worth of FREE marketing for your property!* Terms & conditions* Property must be listed for sale between 1st September– 30th November 2022. Property must be signed up at … Read more
While there is a degree of uncertainty around the new alert levels, we see no reason for the market to change momentum. The Ray White Now report is based on accurate analysis of real-time data. Read this week’s report here: https://joom.ag/uRtC.