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.
As we step into 2025, the real estate market presents exciting opportunities and challenges. Whether you’re buying, selling, or simply staying informed, understanding key trends can help you make better decisions this year. Here’s a look at what’s shaping the property market in 2025 and how you can stay ahead. … Read more
The Reserve Bank of New Zealand has announced a 0.5 per cent rate cut, which is set to instil further confidence in the property market as we head into 2025. Ray White chief economist Nerida Conisbee said this third cut was good news for the real estate sector and the … Read more
Auction volumes remain high as we enter November, with Ray White New Zealand scheduling 220 properties to go under the hammer last week, up 14 per cent year-on year. The group saw an average of two registered bidders and 1.7 active bidders per auction, recording a clearance rate of 57.5 … Read more
Auction volumes remain high as we enter November, with Ray White New Zealand scheduling 220 properties to go under the hammer last week, up 14 per cent year-on year. The group saw an average of two registered bidders and 1.7 active bidders per auction, recording a clearance rate of 57.5 … Read more
The Reserve Bank of New Zealand (RBNZ) reduced the official cash rate (OCR) by a combined 0.75 percentage points at its monetary policy meetings in August and October, with further cuts possible at its next meeting, in late November. This is likely to impact the market in three main ways. … Read more
The Ray White Takanini & Karaka teams had an exciting day on 29 February as they were whisked away on a bus to attend their annual business planning day. Not only would they be participating in the planning session, but they would also have the opportunity to celebrate the achievements … Read more
If you’re a parent or carer getting children back to school, it’s essential to recognise the role of technology in education and the potential risks it may pose to young users. Parental control apps can be valuable tools to help parents manage and monitor their children’s online activities. Here’s what … Read more
Dreaming of purchasing your dream home in 2025? This year, ditch the resolutions that wilt faster than a paper daisy and grab the keys to real estate victory with these 7 battle-tested tactics! Goal #1 – Clearly define your objective The initial step toward achieving a goal is to outline … Read more