The RBNZ held the OCR at 3.25 per cent, pausing its easing cycle despite President Trump's extension of his Liberation Day tariff moratorium until August 1, suggesting the central bank wants to preserve policy flexibility for potential future challenges.
After immigrating from Afghanistan, Ahmad Sultani is taking Christchurch by storm, becoming one of the city’s top performing real estate agents after just three years in the industry.
Ray White New Zealand scheduled 130 properties to go under the hammer last week, with a clearance rate of 56.3 per cent.
Ray White New Zealand scheduled 140 properties to go under the hammer last week, with a clearance rate of 51 per cent.
Ray White New Zealand’s auctions are still showing signs of strength, with a clearance rate of 50.5 per cent last week, up 12.23 per cent year-on-year.
CBD parking rates vary dramatically across Auckland, Wellington & Christchurch, revealing market health, urban trends & office recovery patterns while showing competitive dynamics.
Ray White New Zealand’s auctions continue to show strength despite the winter market, with the group scheduling 148 properties to go under the hammer last week, up 21.3 per cent year-on-year.
Seven suburbs are poised to cross the million-dollar threshold in 2026, all currently sitting between $950,000 and $990,000 in median house prices.
Ray White New Zealand scheduled 146 properties to go under the hammer despite the short week last week, with a clearance rate of 47.2 per cent.
Not for the faint of heart, this three-bedroom Northland home could be snapped up for loose change, with what’s believed to be Wellington’s first ever $1 reserve auction.
A quick synopsis of the market for 2020 shows some interesting details. Buyers are still very evident with auction selling rates increasing, multiple offers on normal listings commonplace and many buyers prepared to put in back-up offers on properties already under contract. Interestingly enough sale numbers remain virtually unchanged from … Read more
Amazing to think that the first month of 2020 is drawing to a close. And what a month it has been, open homes with record attendances, multi offers on many listings and pre-auction offers bringing early auctions and properties selling within 24 or 48 hours of coming to the market. … Read more
A warm welcome to you all for 2020 and what a start we have seen. With the market picking up many of our team were “on deck” over the holiday break and boy did that pay dividends for our vendors. We managed a staggering 23 signed agreements between December … Read more
SUMMERTIME IS HAMMER TIME!!! This is Ray White Austar’s big pre-Christmas marketing initiative to take advantage of growing buyer activity as we head towards the end of the year. This is a one-off special event for auctions booked during the month of October offering owners cost-effective packages and the opportunity … Read more
Earlier this year Austar embarked on a new pathway. We decided we wanted the actual team to help us set our core values, goals and ultimately our mission statement for the company. We gathered our salespeople, managers, administrators and property managers to work together in two intensive workshops evaluating various … Read more
NIWA may be predicting a wet September, but in terms of real estate this month the heat will start to go on. All indications suggest a continued upturn in real estate sales, as buying conditions ease and more property becomes available. This upturn will be welcomed by a real estate … Read more
Spring is definitely springing. The change in weather is heralding a change of another climate as listings are starting to become evident again. Like the budding of new spring flowers, this new burst of listing activity will hopefully presage the growth in sales we seasonally expect over the next 3 … Read more
Property management is a topic close to the heart of many. With the fears of future capital gains tax for secondary residential properties now put to bed, we are seeing a lot of normal New Zealanders concentrating on rental property as the best form of retirement investment. Some of the … Read more
Last week we spoke about the lift in the market as Ray White Austar had experienced some of the best Winter selling conditions we had ever experienced. We are now sitting at 25 agreements month to date and seriously challenging our best August in terms of written sales ever. Although … Read more
Another great Austar auction weekend with 3 out of 5 selling under the hammer and a fourth under offer meaning happy vendors, happy purchasers and happy agents, the perfect trifecta. We currently have 16 agreements signed already for August and well underway for perhaps our best August ever. Despite the … Read more