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  • 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....

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  • 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....

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  • 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....

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  • 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....

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  • 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....

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  • 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....

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  • 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....

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  • 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....

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  • Standing Out in the Crowd

    The latest statistics from the Real Estate Institute of New Zealand show us that listings numbers are up 60% month-on-month. With more properties for sale but the same number of buyers in our marketplace, how do you stand out from the crowd and make your property more attractive than the … Read more

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  • Little Ray of Giving Colouring Pages

    Colour in one of the attached Little Ray of Giving pages, bring it into our Rangiora office for a wee treat and you can go in the draw to win a prize! Entries need to be received by 4pm, Friday 15th December. LROG_ColouringBook_A4_2023_01 LROG_ColouringBook_A4_2023_02 LROG_ColouringBook_A4_2023_03

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  • New Year, New Direction?

    At this time of year we often come across homeowners who are looking to make a move in the new year and want to wait until January before they get on the market. If you want a head start on the rest of the homeowners with the same thought pattern … Read more

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  • Auctioning Your Way to Success in the Real Estate Market

    In recent years, the real estate market in North Canterbury has witnessed a remarkable trend: the growing success of auctions as a preferred method for selling houses. Gone are the days when traditional listing methods were the only option. Today, more homeowners and real estate professionals are turning to auctions … Read more

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  • Rānui House

    We are thrilled to announce that Ray White Canterbury is partnering with the Bone Marrow Cancer Trust to sell annual sponsorships for the 26 apartments at Rānui House, located at 1 Cambridge Terrace, Christchurch Central, to individuals/businesses who may be interested in this kind of sponsorship opportunity. The Bone Marrow … Read more

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  • Aren’t Auctions Expensive?

    When it comes to selling your home, you undoubtedly want a strategy that will help you maximise your price and minimise your time on the market. Opting for an auction could be the perfect solution, providing you with the best opportunity to secure a premium price within a reasonable timeframe … Read more

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  • Hunting out the Cash Buyer

    The real estate market is forever changing in some way, shape or form. Regardless of what the market is doing, most homeowners are after a premium price in a reasonable timeframe. We find ourselves in a market where we are seeing more and more offers subject to the sale of … Read more

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  • Auction Update – December 2022

    As we move into December, we are closing in on the last of our auctions for the year. I wanted to take this opportunity to invite all of our past buyers & sellers as well as potential buyers and sellers to attend our Christmas Auction Gala which is to be … Read more

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  • The Subject of Subject to Sale Offers

    As the market returns to a more balanced state we are noticing an increase in “subject to” or “conditional upon” sale offers being made. There are a couple of reasons we are potentially seeing this – the finance industry has tightened and securing bridging/short term finance is a lot harder … Read more

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  • What Happens if my Property Doesn’t Sell on Auction Day?

    This is a question I often get asked by owners when deciding on what method of sale they will choose. In the peak of the market last year, the chances of selling on auction day were higher than not. A year later, the tables have turned – but not just … Read more

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