Latest Market Statistics
Read Now
Up to Date

News

  • New Zealand’s cash rate pause

    Vanessa RaderHead of ResearchRay White Group The Reserve Bank of New Zealand (RBNZ) has maintained its Official Cash Rate at 5.50 per cent, signalling a pause in its monetary tightening cycle. This decision reflects the central bank’s careful balancing act....

    Read Full Post

  • Surge of stock sees more options for buyers

    Ray White New Zealand scheduled 163 auctions last week, up 4.5 per cent year-on-year, with a clearance rate of 42.3 per cent. The group recorded an average of two registered bidders and 1.8 active bidders per auction. Properties which sold....

    Read Full Post

  • Megan Jaffe to revitalise Ray White Ponsonby legacy

    Renowned owner of Ray White Remuera, Megan Jaffe, and her business partner Thomas Farmer, have taken the next step in their real estate journey, opening Ray White Ponsonby. With Ray White Remuera being Ray White’s number one office internationally for....

    Read Full Post

  • Where are the most affordable suburbs for renters?

    Atom Go TianSenior Data Analyst Ray White Group Firstly, what is “affordable?” According to Stats NZ, average weekly earnings as of June 2023 was $1,273 per week, a 25.3 per cent increase from five years ago. During the same period, rents....

    Read Full Post

  • Long weekend didn’t hold back auction volumes

    Ray White New Zealand scheduled 148 auctions to go under the hammer last week, up 8 per cent year-on-year. The network recorded a clearance rate of 41.7 per cent, with an average of 2.1 registered bidders and 1.8 active bidders....

    Read Full Post

  • Business leaders prepare to unlock growth opportunity 

    Ray White New Zealand’s 2024 Business Owners Symposium saw 175 Ray White business owners, next leaders and key partners from across the country come together in Christchurch for two action packed days of learning and development. The crowd heard from....

    Read Full Post

  • Buyers continue to benefit from choice at auction

    Ray White New Zealand scheduled 128 auctions last week, up 34.7 per cent year-on-year, with a 43.8 per cent clearance rate. The network recorded an average of 1.8 registered bidders and 1.5 active bidders per auction. Auctions continue to provide....

    Read Full Post

  • Winter won’t slow down auction volumes

    Auction volumes continue to be up on last year as we head into winter. In the first week of June we saw Ray White New Zealand schedule 161 properties to go under the hammer, up 59.4 per cent year-on-year. The....

    Read Full Post

  • The Pulse – 13 Feb 2020

    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

    Read Full Post

  • The Pulse – 30 Jan 2020

    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

    Read Full Post

  • The Pulse 14 Jan 20

    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

    Read Full Post

  • The Pulse – 24 Oct 2019

    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

    Read Full Post

  • The Pulse – 17 Sept 2019

    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

    Read Full Post

  • The Pulse – 10 Sept 2019

    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

    Read Full Post

  • The Pulse – 3 Sept 2019

    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

    Read Full Post

  • The Pulse – 20 Aug 2019

    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

    Read Full Post

  • The Pulse 13 Aug 2019

    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

    Read Full Post

  • The Pulse – 8 Aug 2019

    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

    Read Full Post