Auction market sees further confidence
Auction metrics are showing signs of positivity, with last week’s rate cut fuelling confidence in the market.
Auction metrics are showing signs of positivity, with last week’s rate cut fuelling confidence in the market.
A beautiful, 115-year-old, Kauri cottage with rural and sea views has hit the market in Mangapai with just one catch, it’s been yellow stickered and will be a bargain price for the highest bidder.
Ray White New Zealand is proud to welcome award-winning real estate leaders Paul Vujnovich and Trish Adams, along with their high-performing team, to the group marking a significant milestone in the leading network’s continued growth across west Auckland.
Today’s highly anticipated rate cut is welcome news for mortgage holders and aspiring buyers, with the Reserve Bank of New Zealand cutting rates by 25 basis points.
Auction metrics were looking positive for Ray White New Zealand last week, with 203 properties scheduled to go under the hammer ahead of this week’s OCR announcement.
Budget 2025, despite its "Growth Budget" moniker, offers a mixed outlook for the property market.
Ray White New Zealand proudly hosted its annual Business Leaders Symposium last week at Takina, Wellington, bringing together more than 170 of the network’s most ambitious and forward-thinking leaders.
There’s been plenty of auction action in the lead up to today’s budget and next week’s OCR update.
The housing market took its usual April breather last month, with prices and sales easing back from March. Despite this seasonal dip, the New Zealand market remains stable.
In the lead up to the 2025 budget, Ray White New Zealand scheduled 127 properties to go under the hammer, with a clearance rate of 43.2 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 … 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