A market that looks flat on paper can still be falling in real terms. New Zealand house prices have held inside a narrow band for three years while inflation has quietly widened the gap between nominal and real value.
Since New Zealand’s international buyer ban was updated, Ray White New Zealand has seen limited activity from international buyers, with 91 per cent of sales over $5 million going to New Zealand residents.
The Reserve Bank of New Zealand has raised the Official Cash Rate by 25 basis points to 2.50 per cent.
A historical beachfront home on the sought-after Sumner Esplanade has hit the market for the first time in more than three decades.
Ray White Mt Eden is proudly celebrating its 10-year anniversary, marking a decade of market leadership, innovation, and unwavering client commitment under the guidance of business owner Jared Cooksley.
Parking rates are one of the more honest indicators of CBD vibrancy. Across New Zealand's three largest centres they are now moving in different directions, and the reasons sit outside the parking market itself.
Buyers remained highly active at Ray White A T Realty's latest Game Day auction event, with 598 bids placed across eight hours of auctions and active bidding recorded on 97 per cent of properties called.
Australian investors have not had a strong reason to look across the Tasman for some time. The Federal Budget and New Zealand's response have shifted enough variables at once for that to no longer hold.
Budget 2026 has landed, and for the housing market, the story is less about what was announced and more about what it means for the conditions shaping property decisions over the next year.
The Reserve Bank of New Zealand has held the Official Cash Rate at 2.25 per cent.
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 last year. The number of … […]
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. It is fair to say … […]
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 22nd to January 12th, 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 to participate in the biggest … […]
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 alternatives and then simply put … […]
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 sector hampered by a shortage … […]
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 months. As reported in earlier … […]
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 headaches for rental investment are … […]
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 we expected a further reduction … […]
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 advent of our first true … […]