Auction metrics show signs of confidence post rate cut
Ray White New Zealand scheduled 144 properties to go under the hammer last week, recording a clearance rate of 55 per cent.
Ray White New Zealand scheduled 144 properties to go under the hammer last week, recording a clearance rate of 55 per cent.
Today’s highly anticipated rate cut is welcome news for mortgage holders and aspiring buyers, with the Reserve Bank of New Zealand cutting the Official Cash Rate by 25 basis points, bringing it to 3.00 per cent.
Ray White had four winners and 12 finalists at the REINZ awards last night, which celebrated the fantastic achievements of those from across the industry.
Ray White New Zealand scheduled 96 properties to go under the hammer last week, with a clearance rate of 50 per cent.
NZ housing shows resilience with just 0.2 per cent July decline vs typical 1.9 per cent drop. Rising sales, falling listings, and middle-market strength suggest buyer's market ending.
Ray White New Zealand scheduled 153 properties to go under the hammer last week, up 18.6 per cent year-on-year.
A landmark development site has hit the market, marking a once-in-a-generation opportunity to shape the Auckland CBD.
Ray White Manukau, Manurewa, Mangere and Mangere Bridge continue to prove that auction is the best method of sale, recording a 60.9 per cent clearance rate at their in-room event The Day 10.0.
Ray White New Zealand is proud to welcome Ray White On Point Realty Group to its ever-growing network, servicing the picturesque coastal communities of Omaha, Matakana and Point Wells.
Ray White New Zealand scheduled 125 properties to go under the hammer last week, with a clearance rate of 44.6 per cent.
This is your chance to become a Night Knight, as Ronald McDonald House Charities New Zealand is on a mission to raise more than $150,000 for struggling families. All Families need to be together and not worry about where to sleep or where their next meal will come from. If … Read more
Over 400 families will spend Christmas at a Ronald McDonald House while their child is in a hospital away from home. Drop a present into our office from 29th November to 17th December and we’ll make sure it gets to a deserving family. A little Ray of Giving is a … Read more
Ray White Ray White Eastern Group sold $21 million in property under the hammer in one day with a 100 percent clearance rate. Ray White | Howick | Half Moon Bay | Bucklands Beach | Pakuranga | Botany | Flat Bush sold 11 out of 11 properties during its online … Read more
The eastern Ray White team shook up the community this week, with our annual ‘real estate of origin competition’. With only a mobile and a list of phone numbers, our teams managed to achieve an amazing total of 445 appraisals. All within the span of just a few hours. Well … Read more
ARTICLE SUPPLIED BY REINZ The median house price in Auckland reached a new record high of $1,200,000 in August, increasing 26.4% year-on-year. Five of the seven districts in Auckland including Manukau reached record median prices in August. Jen Baird, Chief Executive at REINZ says: “House prices have once again risen … Read more
We are celebrating our people’s success. Recently the Eastern Group had an awards night focusing on some of our talented individuals and teams. Congratulations to all, we are looking forward to next years awards Howick No. 1 Growth Year on Year … Read more
You would think that selling a house amid a lockdown is impossible, especially with almost zero viewing options available. While it could seem ludicrous to begin a campaign under these circumstances — this could not be further from the truth. Online auctions have become normal during Lockdown and the results … Read more
Article supplied by Bruce Patten of LoanMarket When it comes to stressful life events, buying your first home is up there in the top ten. There are so many hurdles to jump, including securing a mortgage, finding the right home and going to auction. Often, it’s an emotional rollercoaster, with … Read more
ARTICLE SUPPLIED BY REINZ “The Auckland region reached a record median of $1,148,000 in May 2021, up 26.9% annually. Auckland City, North Shore City, Manukau City, Rodney District and Waitakere City all now have median prices in excess of $1 million, with Papakura District and Waitakere City reaching record median … Read more
ARTICLE SUPPLIED BY REINZ Auckland’s Median house prices reached a new record of $1,125,000 in April – up 21.6% year on year and the third consecutive month of record prices with 2,591 properties sold. This was the busiest April month in 5 years. However, sales volumes eased from the high … Read more